BTC/USDT – 4H – BUY

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

A continuation of the upward movement up to the next resistance line at 70126.67 is certain.

Caution: A possible counter-trend in the direction of support at 65631.83 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.

Furthermore a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 75300 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 70126.67 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three White Soldiers’ chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

68698.7 – 70126.67 – 72271.41 – 65631.83 – 65118 – 60000 —
63628.520000000 – 65692.620000000 —
28.984830093983 – 48.397239213729 —
– —
68698.7 – 1771675200

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