BTC/USDT – 1H – BUY

The combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards

An ascending movement upwards to the next resistance line at 116165.190000000 is considered certain.

Caution: A possible counter-trend in the direction of support at should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.

Moreover a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

116165.190000000 – 116665.630000000 – 116331.810000000 – 115127.270000000 – 114740.990000000 – 113430.000000000 — 58.138121843871 – 64.21878454509

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –