Buy BTC/USDT – 1H – BUY

The currency pair Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline up.

A continuation of the bullish trend up to the next resistance level at 120998.710000000 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 117277.340000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Also there is a ‘Three White Soldiers’ candlestick pattern is found. 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 probability of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High 123218.000000000
Next High 120998.710000000
Current Price 119362.670000000
Next Low 117277.340000000
2nd Low 116812.760000000
3rd Low 115736.920000000

118856.800000000 – 118499.900000000 – 120998.710000000 – 117277.340000000 – 116812.760000000 – 117453.570000000

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