BTC/USDT – 4H – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance at 119800.000000000 will continue.
Caution: A possible change in the direction of the support line at should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.
In addition a ‘Three White Soldiers’ candle pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120998.710000000 |
| 2nd High | 120247.800000000 |
| Next High | 119800.000000000 |
| Current Price | 118287.310000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
119800.000000000 – 120247.800000000 – 120998.710000000 – 114723.160000000 – 116128.000000000 – 116812.760000000 — 49.809521381085 – 51.009919245695
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – –