BTC/USDT – 4H – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards
A bullish trend up to the next resistance level at 113384.620000000 is considered certain.
Caution: A possible reversal of the trend in the direction of support at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair could go up.
In addition a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart shows ‘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 probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117429.050000000 |
| 2nd High | 113485.900000000 |
| Next High | 113384.620000000 |
| Current Price | 112695.990000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
113384.620000000 – 113485.900000000 – 117429.050000000 – 109977.000000000 – 109329.120000000 – 107255.000000000 — 60.20267714203 – 64.608172710524
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –