BTC/USDT – 4H – BUYThe currency pair Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 124474.000000000 will persist.
Caution: A possible counter-trend in the direction of support at could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘Three Outside Up’ candle chart pattern is discovered. The candles form ‘Three Outside Up’. 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 chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 124474.000000000 |
| Current Price | 117923.990000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
124474.000000000 – 122335.160000000 – 115720.000000000 – 116803.990000000 – 112650.000000000 – 111920.000000000 — 44.392179361271 – 46.382586098868
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –