BTC/USDT – 30M – BUY

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

A continuation of the upward movement up to the next resistance level at 106853.270000000 is certain.

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

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.

Then a ‘Inverted Hammer’ candlestick chart pattern is discovered. The candles form ‘Inverted Hammer’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Inverted Hammer’ heading up is 65% (Bull Market).

Download BTC/USDT Signal Image

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Inverted Hammer