BTC/USDT – 30M – BUY

The currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards

An ascent upwards to the next resistance line at 68551.04 will continue.

Caution: A possible trend reversal in the direction of the support level at 67744.78 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Moreover a ‘Three Outside Up’ candle chart pattern is existing. The candles form ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

68551.04 – 73558.15 – 74050 – 67744.78 – 70143.19 – 70645.47 —
68140.490000000 – 68013.900000000 —
38.550303426627 – 37.851388386653 —
– —
68551.04 – 1772852400

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