BTC/USDT – 30M – BUY

The combination Bitcoin/Tether (BTC/USDT) moves from the bearish trendline up.

An ascending movement up to the next resistance level at 73558.15 will persist.

Caution: A possible reversal of the trend in the direction of the support line at 70645.47 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair is likely to rise.

Then a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 72626.9 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 73558.15 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Outside Up’ chart pattern is discovered. The chart shows ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. 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).

73558.15 – 74050 – 68909.34 – 70645.47 – 71757.17 – 72313.04 —
71567.750000000 – 71020.000000000 —
42.439504034659 – 34.361580885756 —
– —
73558.15 – 1772706600

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