BTC/USDT – 30M – BUY

The combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards

A bullish ascent upwards to the next resistance level at 89946.13 is expected.

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

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair could go up.

And also a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 90574 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 89946.13 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Outside Up’ chart pattern is found. The chart forms ‘Three Outside Up’. 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 chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

89946.13 – 90340 – 90574 – 88515.37 – 87263.53 – 87895.98 —
89509.970000000 – 89832.340000000 —
48.494569076476 – 51.863190109276 —
– —
89946.13000 – 1769112000

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