BTC/USDT – 4H – BUY

The combination Bitcoin/Tether (BTC/USDT) moves from the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance at 120998.710000000 will persist.

Caution: A possible trend reversal in the direction of support at 116812.760000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.

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

Also there is a ‘Rising Window’ candle chart pattern is discovered. The chart forms ‘Rising Window’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Rising Window’ going up is 75% (Bull Market) & 72% (Bear Market).

120998.710000000 – 123218.000000000 – 118869.980000000 – 116812.760000000 – 115736.920000000 – 107245.000000000

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