BTC/USDT – 4H – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance line at 93092 is certain.
Caution: A possible reversal of the trend in the direction of support at 80600 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Bearish Harami Cross’ candlestick chart pattern is detected. The chart shows ‘Bearish Harami Cross’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 111250.01 |
| 2nd High | 107500 |
| Next High | 93092 |
| Current Price | 91460.790000000 |
| Next Low | 80600 |
| 2nd Low | 74620 |
| 3rd Low |
93092 – 89228 – 107500 – 80600 – 94012.45 – 99260.86 — 59.742935639318 – 59.94302318296 — 27.546296296296 – 36.924875906835 – 19.393534427899 – 27.347429044164
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Harami Cross – – –