BTC/USDT – 30M – BUY

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

A continuation of the upward movement up to the next resistance at 78210 will continue.

Caution: A possible counter-trend in the direction of the support level at 77770 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

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

Moreover a ‘Latter Bottom’ candlestick chart pattern is existing. The candles form ‘Latter Bottom’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).

78210 – 77650 – 77885.35 – 77770 – 77326.51 – 77140.23 —
78049.990000000 – 78377.770000000 —
54.522374360974 – 59.085531536022 —
– —
78210 – 1777192200

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