BTC/USDT – 4H – BUYThe currency pair Bitcoin/Tether (BTC/USDT) moves from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 94476 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 89260.630000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 111250.01 |
| 2nd High | 107500 |
| Next High | 94476 |
| Current Price | 90345.540000000 |
| Next Low | 89260.630000000 |
| 2nd Low | 87719.28 |
| 3rd Low | 83822.76 |
94476 – 94150 – 92000.01 – 89260.630000000 – 87719.28 – 83822.76 — 46.177893703072 – 46.635404513108 — 6.4061887974931 – 11.976275012741 – 27.987025251925 – 15.359916964453
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –