BTC/USDT – 30M – BUY

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

A bullish movement upwards to the next resistance level at 70281.87 is likely expected.

Caution: A possible reversal of the trend in the direction of support at 69266.06 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair could go up.

Moreover a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair could go up.

Moreover a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.

Moreover a ‘Bullish Belt Hold’ candlestick pattern is discovered. The chart forms ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

70281.87 – 71777 – 71300 – 69452.42 – 69266.06 – 65618.49 —
69786.320000000 – 69447.260000000 —
45.163517122672 – 43.716355785349 —
– —
70281.87 – 1773203400

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Belt Hold – – –