BTC/USDT – 1H – BUYThe combination Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance line at 113485.900000000 will continue.
Caution: A possible counter-trend in the direction of the support zone at is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.
In addition a ‘Three White Soldiers’ candlestick pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117429.050000000 |
| 2nd High | 115666.680000000 |
| Next High | 113485.900000000 |
| Current Price | 109429.010000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
113485.900000000 – 112625.000000000 – 112371.000000000 – 107350.100000000 – 110862.420000000 – 110345.420000000 — 60.266804768253 – 60.861288636823
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –