BTC/USDT – 30M – BUY

The currency pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.

An ascending movement up to the next resistance at 63419.27 is expected.

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

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

Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.

Besides a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

63419.27 – 64806 – 66445.93 – 62316.44 – 62386.9 – 62272.07 —
63387.800000000 – 63140.000000000 —
62.674157634906 – 51.655608069099 —
– —
63419.27 – 1781879400

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –