BTC/USDT – 4H – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at 122335.160000000 is considered certain.
Caution: A possible counter-trend in the direction of support at 112650.000000000 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
Besides a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. 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 | 123218.000000000 |
| Next High | 122335.160000000 |
| Current Price | 122954.030000000 |
| Next Low | 112650.000000000 |
| 2nd Low | 111920.000000000 |
| 3rd Low | 107245.000000000 |
122335.160000000 – 115720.000000000 – 119800.000000000 – 112650.000000000 – 111920.000000000 – 114723.160000000 — 70.929446435312 – 71.610050444181
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –