BTC/USDT – 30M – BUY

The combination Bitcoin/Tether (BTC/USDT) goes from the descending trendline upwards

A bullish trend upwards to the next resistance at 78265.34 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 74821.57 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Outside Up’ candlestick pattern is found. The chart forms ‘Three Outside Up’. this is a bullish pattern signal. The currency 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).

78265.34 – 79485.66 – 78210 – 77465.05 – 77843.75 – 77770 —
76841.020000000 – 76981.530000000 —
29.11045983398 – 37.610849579859 —
– —
78265.34 – 1777300200

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