Buy BTC/USDT – 1H – BUY

The pair Bitcoin/Tether (BTC/USDT) jumps from the bearish trendline upwards

A bullish ascent up to the next resistance line at 119450.000000000 will continue.

Caution: A possible change in the direction of the support level at 114723.160000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair could go up.

Additionally a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 120998.710000000
2nd High 120247.800000000
Next High 119450.000000000
Current Price 117040.010000000
Next Low 114723.160000000
2nd Low 107429.570000000
3rd Low 107245.000000000

119450.000000000 – 119273.360000000 – 120247.800000000 – 114723.160000000 – 117103.100000000 – 117301.000000000 — 48.463202960736 – 51.594259050427

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