BTC/USDT – 30M – BUY

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

A bullish ascent up to the next resistance at 119676.730000000 is certain.

Caution: A possible change in the direction of the support zone at 116467.020000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.

Furthermore a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 118919.23844 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 119676.730000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

119676.730000000 – 118856.800000000 – 118499.900000000 – 116467.020000000 – 117723.230000000 – 117277.340000000

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