BTC/USDT – 1H – BUY

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

A bullish trend upwards to the next resistance at 66310 will persist.

Caution: A possible trend reversal in the direction of the support level at 62510.28 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.

Furthermore a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 67238.23288 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 66310 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three White Soldiers’ candlestick chart pattern is found. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. 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%.

66310 – 68245 – 68698.7 – 62510.28 – 64290.71 – 67809.78 —
65650.000000000 – 65485.910000000 —
62.40736511475 – 59.208906138101 —
– —
66310 – 1771984800

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