BTC/USDT – 30M – BUY

The pair Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline up.

A continuation of the upward movement upwards to the next resistance level at 111412.000000000 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 110861.200000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Also there is a ‘Bullish Engulfing’ candlestick pattern is discovered. The candles show ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.

111412.000000000 – 111377.190000000 – 110999.830000000 – 110861.200000000 – 109977.000000000 – 110206.960000000 — 43.980769399068 – 51.586167922999

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Engulfing – Double bottom chart pattern – –