BTC/USDT – 1H – BUY

The pair Bitcoin/Tether (BTC/USDT) moves from the descending trendline up.

A bullish movement up to the next resistance line at 76971.52 is considered certain.

Caution: A possible reversal of the trend in the direction of the support zone at 60000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Furthermore a ‘Three Inside Up’ candlestick chart pattern is detected. The candles form ‘Three Inside Up’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Up’ going up is 65% (Bull Market) & 63% (Bear Market).

76971.52 – 79360 – 84621.16 – 60000 – 72945.5 – 77644.09 —
67690.700000000 – 70996.770000000 —
53.18529808812 – 59.970626232748 —
– —
76971.52 – 1770174000

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