BTC/USDT – 30M – BUY

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

An ascending movement up to the next resistance level at 107765.550000000 will continue.

Caution: A possible counter-trend in the direction of the support line at 106562.500000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 108272.45 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 107765.550000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three White Soldiers’ candlestick pattern is discovered. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

107765.550000000 – 108272.450000000 – 108000.000000000 – 106562.500000000 – 107079.900000000 – 106752.360000000

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