BTC/USDT – 30M – BUY

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

The bullish trend upwards to the next resistance level at 68232.27 is expected.

Caution: A possible counter-trend in the direction of the support line at 66158 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Outside Up’ candlestick chart pattern is discovered. The candles form ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to rise. 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).

68232.27 – 68551.04 – 73558.15 – 67446.41 – 67744.78 – 70143.19 —
67889.680000000 – 67347.150000000 —
40.727873357649 – 25.876286808544 —
– —
68232.27 – 1772881200

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