BTC/USDT – 4H – BUY

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

A bullish ascent upwards to the next resistance level at 115720.000000000 will persist.

Caution: A possible trend reversal in the direction of the support zone at 112650.000000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.

Moreover a ‘RSI fall below 70’ indicator layout is detected. The indicator shows ‘RSI fall below 70’. which is often a bullish chart scenario. The pair is likely to go up.

Moreover a ‘StochRSI fall below 80’ indicator layout is detected. The indicator shows ‘StochRSI fall below 80’. which is often a bullish chart scenario. The pair is likely to go up.

Moreover a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.

115720.000000000 – 119800.000000000 – 120247.800000000 – 112650.000000000 – 111920.000000000 – 114723.160000000 — 51.358810644217 – 52.990537151114

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – – –