BTC/USDT – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance level at 79472.82 is likely expected.

Caution: A possible trend reversal in the direction of the support level at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 79472.82 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of resistance at 79472.82 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Outside Up’ candle chart pattern is discovered. The candles form ‘Three Outside Up’. which is a bullish chart scenario. 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).

79472.82 – 76927.57 – 76558.62 – 74821.57 – 73724.31 – 74867.72 —
78339.350000000 – 77904.370000000 —
53.087151398872 – 43.963600636403 —
– —
79472.82 – 1776873600

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