BTC/USDT – 1H – BUY

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

The bullish trend up to the next resistance level at 69247.9 is considered certain.

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

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair could go up.

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

69247.9 – 70351.46 – 67562.93 – 66611.66 – 66282 – 65712.12 —
68455.960000000 – 68773.240000000 —
42.124023182859 – 47.17936575972 —
– —
69247.9 – 1775552400

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