Buy BTC/USDT – 4H – BUY

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

An ascent up to the next resistance at 115720.000000000 is certain.

Caution: A possible change in the direction of support at 112650.000000000 could occur.
Consider stop-loss settings accordingly.

Besides a ‘RSI cross above 70’ indicator signal is detected. The indicator shows ‘RSI cross above 70’. which is often a bearish chart scenario. The currency pair could go down.

Besides a ‘StochRSI fall below 80’ indicator signal is detected. The indicator shows ‘StochRSI fall below 80’. which is often a bearish chart scenario. The currency pair could go down.

Besides a ‘Three White Soldiers’ chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 120247.800000000
2nd High 119800.000000000
Next High 115720.000000000
Current Price 117424.160000000
Next Low 112650.000000000
2nd Low 111920.000000000
3rd Low 107245.000000000

115720.000000000 – 119800.000000000 – 120247.800000000 – 112650.000000000 – 111920.000000000 – 114723.160000000 — 63.545985358515 – 66.615218805421

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