BTC/USDT – 30M – BUY

The combination Bitcoin/Tether (BTC/USDT) breaks through the bullish trendline up.

A continuation of the uptrend up to the next resistance at 118879.140000000 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 116359.890000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI cross above 20’ indicator signal is detected. The indicator shows ‘StochRSI cross above 20’. which is often a bullish chart scenario. The currency pair could go up.

There is also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 117944.05 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 118879.140000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Three White Soldiers’ chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive signal. 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%.

117021.160000000 – 117944.050000000 – 115716.000000000 – 116359.890000000 – 114259.000000000 – 113579.900000000 — 77.589346829489 – 78.623911903674

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –