BTC/USDT – 1H – BUYThe combination Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance at 67288.94 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 65548.25 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three White Soldiers’ candle pattern is found. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. 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 | 74893.94 |
| 2nd High | 72026.09 |
| Next High | 67288.94 |
| Current Price | 66912.000000000 |
| Next Low | 65548.25 |
| 2nd Low | 65259.21 |
| 3rd Low | 65056 |
67288.94 – 72026.09 – 71400 – 65548.25 – 68153 – 70530.47 —
66963.510000000 – 66620.000000000 —
54.55500027628 – 46.554253196116 —
– —
67288.94 – 1774710000
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –