BTC/USDT – 1H – BUY

The combination Bitcoin/Tether (BTC/USDT) goes from the ascending trendline upwards

A continuation of the uptrend up to the next resistance level at 118856.800000000 will persist.

Caution: A possible change in the direction of the support level at 117277.340000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair is likely to rise.

Then a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

Then a ‘Three Outside Up’ candle pattern is discovered. The candles show ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

118856.800000000 – 118499.900000000 – 120998.710000000 – 117277.340000000 – 116812.760000000 – 117453.570000000

Trading Signals: FOREX – BTC – BTC/USDT – USDT – Three Outside Up –