BTC/USDT – 1H – BUY

The currency pair Bitcoin/Tether (BTC/USDT) moves from the bullish trendline upwards

A continuation of the upward movement up to the next resistance line at 113293.290000000 is certain.

Caution: A possible counter-trend in the direction of the support zone at 110766.660000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair could go up.

Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 112655.38932 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 113293.290000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart shows ‘Three White Soldiers’. which 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%.

113293.290000000 – 112924.370000000 – 113384.620000000 – 110766.660000000 – 111111.000000000 – 110621.780000000 — 52.741182710813 – 62.887659382796

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