BTC/USDT – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance line at 111771.520000000 is likely expected.

Caution: A possible change in the direction of the support level at 108393.390000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 111771.52 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 111771.520000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Outside Up’ candlestick chart pattern is discovered. The candles form ‘Three Outside Up’. 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 ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

111771.520000000 – 109912.400000000 – 109237.510000000 – 108393.390000000 – 107459.490000000 – 107255.000000000 — 55.438384157629 – 60.318009660848

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – Double bottom chart pattern – –