BTC/USDT – 1H – BUY

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

The bullish trend up to the next resistance line at 91760 will continue.

Caution: A possible change in the direction of the support level at 87719.28 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘%K crosses above %D’ indicator signal is discovered. The indicator shows ‘%K crosses above %D’. which is often a bullish signal. The currency pair is likely to rise.

Then a ‘Advance Block’ candle chart pattern is existing. The candles form ‘Advance Block’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Advance Block’ heading down is 64% (Bull Market) & 61% (Bear Market).

91760 – 89799.96 – 90289.97 – 87719.28 – 88908.01 – 89217.59 — 60.255459536797 – 61.090279401605 — 66.755292959133 – 69.154767766289 – 70.305770178307 – 68.242095517762

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Advance Block – – –