Buy BTC/USDT – 1H – BUY

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 71684.39024 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 71321 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three White Soldiers’ chart pattern is found. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 73558.15
2nd High 71777
Next High 71321
Current Price 69917.370000000
Next Low
2nd Low
3rd Low

71321 – 71777 – 68200 – 68977.91 – 69266.06 – 65618.49 —
70505.000000000 – 69561.840000000 —
50.286835244653 – 42.966154107814 —
– —
71321 – 1773248400

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