BTC/USDT – 1H – BUY

The combination Bitcoin/Tether (BTC/USDT) goes from the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance at 113384.620000000 is likely expected.

Caution: A possible trend reversal in the direction of the support line at 109977.000000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 111356.87 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 113384.620000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three White Soldiers’ candle pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish 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%.

113384.620000000 – 112575.270000000 – 111782.210000000 – 109977.000000000 – 110206.960000000 – 109329.120000000 — 44.901776694501 – 49.404366444189

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