BTC/USDT – 30M – BUY

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

A continuation of the upward movement up to the next resistance level at 122335.160000000 will persist.

Caution: A possible reversal of the trend in the direction of support at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.

Also there is a ‘StochRSI cross above 20’ indicator signal is existing. The indicator is ‘StochRSI cross above 20’. which could be a positive chart signal. The pair is likely to go up.

Also there is a ‘Bullish Engulfing’ candlestick pattern is existing. The chart shows ‘Bullish Engulfing’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.

122335.160000000 – 119113.940000000 – 118741.770000000 – 118074.990000000 – 116359.890000000 – 114259.000000000 — 44.162613169031 – 47.5116762135

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Engulfing – Double top retreat up – –