BTC/USDT – 4H – BUY

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

A bullish movement up to the next resistance level at 120247.800000000 will persist.

Caution: A possible counter-trend in the direction of the support level at 107245.000000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.

Additionally a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

Additionally a ‘Three Outside Up’ candlestick chart pattern is discovered. The candles show ‘Three Outside Up’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

120247.800000000 – 120998.710000000 – 123218.000000000 – 116128.000000000 – 116812.760000000 – 115736.920000000 — 43.655871036526 – 47.230308997357

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – Double bottom chart pattern –