BTC/USDT – 30M – BUY

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

The bullish trend upwards to the next resistance level at 115096.730000000 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 112650.000000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘StochRSI cross above 20’ indicator layout is discovered. The indicator is ‘StochRSI cross above 20’. this is usually a bullish chart signal. The pair is likely to go up.

In addition a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

In addition a ‘Three Outside Up’ chart pattern is existing. The candles form ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

115096.730000000 – 115340.000000000 – 115720.000000000 – 112650.000000000 – 114121.000000000 – 114148.580000000 — 50.461919899566 – 51.968647356834

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –