BTC/USDT – 1H – BUY

The pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.

A bullish movement upwards to the next resistance at 68834.34 is certain.

Caution: A possible trend reversal in the direction of the support zone at 65756 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.

Besides a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

Besides a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘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 likelyhood of ‘Three White Soldiers’ heading up is 82%.

68834.34 – 69993.65 – 71126 – 65756 – 67800 – 68308 —
67800.000000000 – 67699.100000000 —
48.734859646207 – 51.627877796598 —
– —
68834.34 – 1770818400

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –