Buy BTC/USDT – 1H – BUY

The currency pair Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance level at 118575.000000000 will persist.

Caution: A possible change in the direction of support at 114720.810000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

Also there is a ‘Bearish Harami Cross’ candlestick chart pattern is discovered. The candles show ‘Bearish Harami Cross’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).

Support & Resistance Price Range*
3rd High 124474.000000000
2nd High 119216.820000000
Next High 118575.000000000
Current Price 117605.160000000
Next Low 114720.810000000
2nd Low 114384.000000000
3rd Low 113430.000000000

117286.730000000 – 116757.990000000 – 116165.190000000 – 114720.810000000 – 114737.110000000 – 114384.000000000 — 68.62419719554 – 68.836489350965

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