BTC/USDT – 30M – BUY

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

An ascent up to the next resistance line at 78878.77 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 78084.08 could be enabled.
Consider stop-loss settings accordingly.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.

Besides a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.

Besides a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. which is a positive signal. The currency 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).

78878.77 – 79199.48 – 78596.61 – 78084.08 – 78094.43 – 78040 —
78785.950000000 – 78822.830000000 —
60.298549062777 – 59.335680969772 —
– —
78878.77 – 1777809600

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Northern Doji – – –