BTC/USDT – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance level at 66988.01 will continue.

Caution: A possible change in the direction of the support level at 66158.26 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.

Also there is a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 66916.43234 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 66988.01 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Outside Up’ candle pattern is detected. The chart forms ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

66988.01 – 67130.5 – 67288.94 – 66158.26 – 66281.4 – 66124.4 —
66675.960000000 – 66740.690000000 —
53.435233164742 – 46.443200757461 —
– —
66988.01 – 1774783800

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