BTC/USDT – 30M – BUY

The currency pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline upwards

A continuation of the upward movement up to the next resistance level at 118741.770000000 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 116359.890000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘StochRSI cross above 20’ indicator layout is discovered. The indicator is ‘StochRSI cross above 20’. which could be a positive chart scenario. The currency pair could go up.

Next a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.

Next a ‘Three Outside Up’ candlestick pattern is found. The candles show ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

118741.770000000 – 117021.160000000 – 117944.050000000 – 116359.890000000 – 114259.000000000 – 113579.900000000 — 61.629957778809 – 63.937687596449

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