BTC/USDT – 30M – BUY

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

A continuation of the upward movement upwards to the next resistance line at 116331.810000000 is expected.

Caution: A possible counter-trend in the direction of support at 114740.990000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 116331.81 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 116331.810000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three White Soldiers’ candle pattern is detected. The candles form ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

116331.810000000 – 114715.020000000 – 114459.650000000 – 114740.990000000 – 113430.000000000 – 113155.030000000 — 57.095447302653 – 59.720209887219

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