BTC/USDT – 30M – BUY

The pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.

A bullish ascent upwards to the next resistance line at 115875.840000000 will continue.

Caution: A possible counter-trend in the direction of the support zone at 112380.000000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.

Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 115187.685 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 115875.840000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three White Soldiers’ candle chart pattern is discovered. The chart shows ‘Three White Soldiers’. 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 probability of ‘Three White Soldiers’ going up is 82%.

114016.770000000 – 115875.840000000 – 116980.000000000 – 112380.000000000 – 112566.010000000 – 114366.000000000 — 53.467196439232 – 55.462088833832

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – Triple bottom chart pattern – –