BTC/USDT – 1H – BUYThe currency pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 123218.000000000 is certain.
Caution: A possible counter-trend in the direction of the support level at 116250.000000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
Furthermore a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 123218.000000000 |
| Current Price | 118088.130000000 |
| Next Low | 116250.000000000 |
| 2nd Low | 107429.570000000 |
| 3rd Low | 107245.000000000 |
123218.000000000 – 118200.000000000 – 118869.980000000 – 116250.000000000 – 116900.050000000 – 116604.870000000
Trading Signals: FOREX – BTC – BTC/USDT – USDT – Three White Soldiers –