BTC/USDT – 30M – BUY

Moreover a ‘Double bottom chart pattern’ chart layout is discovered. The chart picture shows ‘Double bottom chart pattern’. this is a bullish signal. The pair is likely to go up.

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

An ascending movement up to the next resistance at 120063.840000000 will continue.

Caution: A possible change in the direction of the support level at 117453.570000000 should always be considered.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The pair is likely to go up.

Moreover a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 120063.84 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 120063.840000000 should always be considered.
Consider stop-loss settings accordingly.

119192.000000000 – 120063.840000000 – 118195.000000000 – 117453.570000000 – 118181.140000000 – 117017.290000000

Trading Signals: FOREX – BTC – BTC/USDT – USDT – – Double bottom chart pattern