Buy BTC/USDT – 30M – BUY

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

The bullish trend upwards to the next resistance level at 78479.37 will persist.

Caution: A possible counter-trend in the direction of the support level at 77770 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.

In addition a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

In addition a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 78662.5
2nd High 78581.93
Next High 78479.37
Current Price 78231.160000000
Next Low 77770
2nd Low 77326.51
3rd Low 77140.23

78210 – 77650 – 77885.35 – 77770 – 77326.51 – 77140.23 —
78117.300000000 – 78500.000000000 —
57.311906375786 – 60.112521630817 —
– —
78210 – 1777192200

Trading Signals:

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