BTC/USDT – 4H – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 78333 is likely expected.
Caution: A possible trend reversal in the direction of support at 73724.31 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three White Soldiers’ candlestick pattern is found. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 91224.99 |
| 2nd High | 90600 |
| Next High | 78333 |
| Current Price | 78010.720000000 |
| Next Low | 73724.31 |
| 2nd Low | 73309.85 |
| 3rd Low | 70505.88 |
78333 – 76038 – 73790 – 73724.31 – 73309.85 – 70505.88 —
76486.670000000 – 76425.370000000 —
58.052848375564 – 55.713974606392 —
– —
78333 – 1776441600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –