BTC/USDT – 30M – BUY

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

A bullish movement up to the next resistance at 111412.000000000 is certain.

Caution: A possible reversal of the trend in the direction of the support line at 109977.000000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.

And also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 111412 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 111412.000000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Outside Up’ candle pattern is found. The chart forms ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

111412.000000000 – 111377.190000000 – 110999.830000000 – 109977.000000000 – 110206.960000000 – 109329.120000000 — 51.762437735205 – 55.072579690241

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