BTC/USDT – 4H – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance line at 117429.050000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 109977.000000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Next a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124474.000000000 |
| 2nd High | 118575.000000000 |
| Next High | 117429.050000000 |
| Current Price | 116855.580000000 |
| Next Low | 109977.000000000 |
| 2nd Low | 109329.120000000 |
| 3rd Low | 107255.000000000 |
116665.630000000 – 113384.620000000 – 113485.900000000 – 109977.000000000 – 109329.120000000 – 107255.000000000 — 64.335348154597 – 64.709456876467
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –