BTC/USDT – 1H – BUYThe combination Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 120324.430000000 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 118920.920000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three White Soldiers’ chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 123218.000000000 |
| 2nd High | 122335.160000000 |
| Next High | 120324.430000000 |
| Current Price | 123847.830000000 |
| Next Low | 118920.920000000 |
| 2nd Low | 118207.470000000 |
| 3rd Low | 118050.110000000 |
120324.430000000 – 122335.160000000 – 117944.050000000 – 118920.920000000 – 118207.470000000 – 118050.110000000 — 71.200506357187 – 74.006110092463
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – Double bottom retreat down – –