Buy BTC/USDT – 30M – BUY

The combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards

An ascent up to the next resistance line at 68860 will continue.

Caution: A possible trend reversal in the direction of support at 67600 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Outside Up’ chart pattern is detected. The chart forms ‘Three Outside Up’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 70126.67
2nd High 69988.83
Next High 68860
Current Price 68589.410000000
Next Low 67600
2nd Low 62510.28
3rd Low 60000

68860 – 69988.83 – 66310 – 67600 – 62510.28 – 62700.8 —
68571.370000000 – 68144.270000000 —
54.946562382107 – 47.070123848426 —
– —
68860 – 1772080200

Trading Signals:

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