BTC/USDT – 1H – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance line at 92287.15 will persist.
Caution: A possible change in the direction of the support line at 89480 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
Furthermore a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. 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 | 96043 |
| 2nd High | 94150 |
| Next High | 92287.15 |
| Current Price | 90371.810000000 |
| Next Low | 89480 |
| 2nd Low | 87719.28 |
| 3rd Low | 83822.76 |
92287.15 – 91760 – 89799.96 – 89480 – 89612 – 87719.28 — 39.993899088342 – 40.556530111979 — 25.428348063873 – 51.34095281204 – 24.214063858013 – 33.50493229415
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –