BTC/USDT – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance at 84621.16 is expected.

Caution: A possible trend reversal in the direction of support at 80731.140000000 could happen.
Consider stop-loss settings accordingly.

Besides a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The pair is likely to go up.

Besides a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

Besides a ‘Three Outside Up’ chart pattern is found. The candles form ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

81791.48 – 80635.51 – 79199.48 – 80731.140000000 – 78202 – 78288.88 —
81262.280000000 – 81611.000000000 —
52.535123099647 – 55.563761747525 —
80731.140000000 – 1778025600 —
81791.48 – 1778014800

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