BTC/USDT – 30M – BUY

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

The bullish trend up to the next resistance line at 73558.15 will continue.

Caution: A possible trend reversal in the direction of the support level at 70645.47 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.

Also there is a ‘Bullish Engulfing’ candlestick chart pattern is detected. The candles form ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.

73558.15 – 74050 – 68909.34 – 70645.47 – 71757.17 – 72313.04 —
71419.980000000 – 70501.860000000 —
49.592740386873 – 37.156585604192 —
– —
73558.15 – 1772706600

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Engulfing – – –