Buy BTC/USDT – 30M – BUY

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

A bullish trend upwards to the next resistance line at 114260.310000000 is certain.

Caution: A possible counter-trend in the direction of the support level at could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.

Also there is a ‘Three Outside Up’ chart pattern is discovered. The candles show ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 118879.140000000
2nd High 116019.300000000
Next High 114260.310000000
Current Price 114020.090000000
Next Low
2nd Low
3rd Low

114260.310000000 – 114063.490000000 – 116019.300000000 – 111920.000000000 – 112003.000000000 – 112722.580000000 — 58.533223197487 – 59.150309696642

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