BTC/USDT – 4H – BUY

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

An ascent upwards to the next resistance at 74050 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 63030 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Outside Up’ chart pattern is detected. 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 likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

74050 – 70096 – 69988.83 – 63030 – 62510.28 – 65631.83 —
68440.920000000 – 67481.960000000 —
41.045380936809 – 36.338673718906 —
– —
74050 – 1772640000

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