BTC/USDT – 1H – BUY

Then a ‘Inverse Head and Shoulder chart pattern’ chart formation is existing. The chart shows ‘Inverse Head and Shoulder chart pattern’. this is a bullish chart scenario. The currency pair is likely to rise.

The combination Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline up.

A continuation of the upward movement up to the next resistance line at 117286.730000000 is certain.

Caution: A possible reversal of the trend in the direction of the support line at 114737.110000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.

Then a ‘Three Outside Up’ candlestick chart pattern is found. The chart forms ‘Three Outside Up’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

117286.730000000 – 116757.990000000 – 116165.190000000 – 114737.110000000 – 114384.000000000 – 115127.270000000 — 42.343058366689 – 44.219818125288

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – Inverse Head and Shoulder chart pattern – –