BTC/USDT – 1H – BUY

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

A bullish movement upwards to the next resistance at 68589.49 will persist.

Caution: A possible counter-trend in the direction of the support line at 65998.05 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The pair is likely to go up.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.

Moreover a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Target of the current trend is 68589.49 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of resistance at 68589.49 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

68589.49 – 68408.37 – 68169.65 – 65998.05 – 66233.13 – 65000 —
68029.410000000 – 67913.980000000 —
57.673222699515 – 51.418280687347 —
– —
68589.49 – 1774976400

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