BTC/USDT – 30M – BUY

The combination Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance at 119800.000000000 will persist.

Caution: A possible trend reversal in the direction of the support zone at 117427.500000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘RSI cross above 30’ indicator signal is discovered. The indicator shows ‘RSI cross above 30’. which is often a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 118552.23 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 119800.000000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

119800.000000000 – 119540.010000000 – 118438.830000000 – 117427.500000000 – 117859.980000000 – 117825.500000000 — 46.950708941875 – 50.619661232327

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