BTC/USDT – 1H – BUY

The pair Bitcoin/Tether (BTC/USDT) goes from the bullish trendline up.

A continuation of the bullish trend up to the next resistance level at 68199.99 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 65056 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 68388.4203 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 68199.99 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Outside Up’ candlestick chart pattern is existing. The candles form ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

68199.99 – 68216.8 – 69988.83 – 65056 – 63030 – 66500 —
66739.450000000 – 66157.280000000 —
48.586547675258 – 40.088793860671 —
– —
68199.99 – 1772330400

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