Buy BTC/USDT – 1H – BUY

The pair Bitcoin/Tether (BTC/USDT) goes from the bullish trendline up.

A continuation of the uptrend up to the next resistance at 116165.190000000 is likely expected.

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

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.

Also there is a ‘Three Outside Up’ chart pattern is existing. The candles form ‘Three Outside Up’. this 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 Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 117429.050000000
2nd High 116665.630000000
Next High 116165.190000000
Current Price 115802.160000000
Next Low
2nd Low
3rd Low

116165.190000000 – 116665.630000000 – 116331.810000000 – 115127.270000000 – 114740.990000000 – 113430.000000000 — 48.768997210785 – 52.954115104487

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