BTC/USDT – 1H – BUY

The pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.

A bullish movement up to the next resistance at 80666.66 is certain.

Caution: A possible trend reversal in the direction of the support level at could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair could go up.

Furthermore a ‘Latter Bottom’ candlestick pattern is existing. The chart shows ‘Latter Bottom’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).

80666.66 – 81708.32 – 82850 – 79181.48 – 80731.14 – 78202 —
80428.010000000 – 80422.000000000 —
49.526363214803 – 53.766152630146 —
– —
80666.66 – 1778299200

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