BTC/USDT – 1H – BUY

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

A bullish ascent upwards to the next resistance level at 75534.76 will persist.

Caution: A possible change in the direction of the support level at 73309.85 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The pair is likely to go up.

Furthermore a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Current target is 76038 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance level at 75534.76 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Three Outside Up’ chart pattern is found. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

75534.76 – 75425 – 76038 – 73309.85 – 73514 – 73795.47 —
75117.000000000 – 74801.130000000 —
53.158056807108 – 48.879654021982 —
– —
75534.76 – 1776369600

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