Buy BTC/USDT – 1H – BUY

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

A bullish ascent upwards to the next resistance level at 64762.77 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 62829.81 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.

Also there is a ‘Three Outside Up’ chart pattern is discovered. The candles show ‘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 success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 74275.66
2nd High 74198
Next High 64762.77
Current Price 64456.330000000
Next Low 62829.81
2nd Low 62348
3rd Low 60755

64762.77 – 64394.44 – 63933.02 – 62829.81 – 62348 – 60755 —
64596.990000000 – 64487.800000000 —
64.982518977695 – 54.222575166531 —
– —
64762.77 – 1781384400

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