BTC/USDT – 30M – BUY

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

A continuation of the upward movement up to the next resistance at 115000.000000000 is certain.

Caution: A possible trend reversal in the direction of the support line at 113579.690000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.

Next a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.

Next a ‘Three Outside Up’ candle pattern is existing. The candles form ‘Three Outside Up’. 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 success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

115000.000000000 – 114260.310000000 – 114063.490000000 – 113579.690000000 – 111920.000000000 – 112003.000000000 — 52.125904305505 – 54.079547316227

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