BTC/USDT – 1H – BUY

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

A bullish trend upwards to the next resistance at 91224.99 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.

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

91224.99 – 90088.94 – 90340 – 88578.36 – 88515.37 – 87263.53 — 52.636414631965 – 53.552300501253 — 37.469908888686 – 40.847848762164 – 31.69662410758 – 36.123592983595

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