BTC/USDT – 1H – BUY

The combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.

A bullish movement up to the next resistance at 78581.93 is likely expected.

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

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.

Besides a ‘MACD crosses above signal’ indicator signal is found. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The pair is likely to go up.

Besides a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

78581.93 – 78662.5 – 79472.82 – 76960 – 74821.57 – 73724.31 —
78178.400000000 – 77784.000000000 —
45.214866918931 – 47.356523985969 —
– —
78581.93 – 1776996000

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