BTC/USDT – 30M – BUY

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

A continuation of the upward movement up to the next resistance at 92672.11 is likely expected.

Caution: A possible trend reversal in the direction of support at 90938.2 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 92672.11 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance line at 92672.11 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Two-Candle Shooting Star’ candlestick chart pattern is found. The chart shows ‘Two-Candle Shooting Star’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two-Candle Shooting Star’ heading down is 61% (Bull Market) & 58% (Bear Market).

92672.11 – 92332 – 92519.95 – 90938.2 – 90128.44 – 90236 — 61.478319417649 – 62.025425062017 — 29.008581752484 – 43.274616079494 – 19.616832279434 – 28.89566395664

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two-Candle Shooting Star – – –