BTC/USDT – 4H – BUY

The currency pair Bitcoin/Tether (BTC/USDT) jumps from the descending trendline upwards

The bullish trend up to the next resistance level at 119800.000000000 is certain.

Caution: A possible counter-trend in the direction of the support level at 107245.000000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘StochRSI cross above 20’ indicator signal is discovered. The indicator shows ‘StochRSI cross above 20’. which is often a bullish chart signal. The currency pair is likely to rise.

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

119800.000000000 – 120247.800000000 – 120998.710000000 – 114723.160000000 – 116128.000000000 – 116812.760000000 — 41.621349605206 – 45.346679523851

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