BTC/USDT – 1H – BUY

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

A continuation of the upward movement up to the next resistance level at 64762.77 will persist.

Caution: A possible trend reversal in the direction of the support level at 63678.83 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.

Furthermore a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The 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%.

64762.77 – 64394.44 – 63933.02 – 63678.83 – 62829.81 – 62348 —
65995.000000000 – 65973.150000000 —
73.402824705888 – 66.764816468675 —
– —
64762.77 – 1781384400

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