BTC/USDT – 1H – BUY

The combination Bitcoin/Tether (BTC/USDT) moves from the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance at 69988.83 will continue.

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

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.

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

69988.83 – 66310 – 68245 – 66500 – 62510.28 – 64290.71 —
67903.120000000 – 67546.150000000 —
50.549925667659 – 46.56788440101 —
– —
69988.83 – 1772053200

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