BTC/USDT – 1H – BUY

In addition a ‘Double bottom chart pattern’ chart formation is detected. The chart picture forms ‘Double bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to rise.

In addition a ‘RSI cross above 70’ indicator signal is existing. The indicator is ‘RSI cross above 70’. which is often a bullish chart signal. The currency pair could go up.

In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Target of the current trend is 120247.8 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance level at 119450.000000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three Outside Up’ candle chart pattern is detected. The candles form ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

119450.000000000 – 119273.360000000 – 120247.800000000 – 114723.160000000 – 117103.100000000 – 117301.000000000 — 69.15455920153 – 71.921413124581

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – Double bottom chart pattern –