BTC/USDT – 1H – BUY

The combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards

A bullish trend up to the next resistance at 112937.260000000 is certain.

Caution: A possible trend reversal in the direction of the support level at 108666.660000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 113047.855 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 112937.260000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish signal. 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’ heading up is 82%.

112937.260000000 – 115666.680000000 – 117429.050000000 – 108666.660000000 – 110680.000000000 – 114560.000000000 — 55.791930949922 – 57.644635432631

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