Buy BTC/USDT – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance line at 118856.800000000 is certain.

Caution: A possible counter-trend in the direction of support at 116467.020000000 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.

Also there is a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.

Also there is a ‘Three White Soldiers’ candle pattern is existing. The candles form ‘Three White Soldiers’. 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 success rate of a ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 120998.710000000
2nd High 120820.710000000
Next High 118856.800000000
Current Price 118488.180000000
Next Low 116467.020000000
2nd Low 115736.920000000
3rd Low 107429.570000000

118856.800000000 – 118499.900000000 – 118371.420000000 – 116467.020000000 – 117723.230000000 – 117277.340000000

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