BTC/USDT – 1H – BUY

The currency pair Bitcoin/Tether (BTC/USDT) jumps from the descending trendline upwards

An ascending movement up to the next resistance level at 79485.66 is likely expected.

Caution: A possible change in the direction of the support zone at 74821.57 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.

There is also a ‘Three Outside Up’ candlestick chart pattern is detected. The candles form ‘Three Outside Up’. which is a positive signal. 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).

79485.66 – 78210 – 77885.35 – 77140.23 – 77264.08 – 76960 —
78265.340000000 – 76981.530000000 —
44.135830833007 – 33.858187779326 —
– —
79485.66 – 1777251600

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