BTC/USDT – 1H – BUYThe pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline up.
A bullish ascent up to the next resistance line at 79485.66 is expected.
Caution: A possible counter-trend in the direction of support at 74821.57 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three White Soldiers’ chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 90600 |
| 2nd High | 84621.16 |
| Next High | 79485.66 |
| Current Price | 76878.070000000 |
| Next Low | 74821.57 |
| 2nd Low | 73724.31 |
| 3rd Low | 73309.85 |
79485.66 – 78210 – 77885.35 – 77140.23 – 77264.08 – 76960 —
77935.660000000 – 76990.430000000 —
43.612518652049 – 30.897397675587 —
– —
79485.66 – 1777251600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –