BTC/USDT – 30M – BUY

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

An ascent upwards to the next resistance at 76558.62 is likely expected.

Caution: A possible trend reversal in the direction of support at 75474.77 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

Furthermore a ‘Three Outside Up’ candle pattern is found. The chart shows ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. 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).

76558.62 – 76240.66 – 75891.64 – 75474.77 – 74702 – 74095.18 —
75763.070000000 – 76300.000000000 —
47.249949422849 – 57.061544857469 —
– —
76558.62 – 1776715200

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