BTC/USDT – 30M – BUY

The pair Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance line at 81791.48 will continue.

Caution: A possible reversal of the trend in the direction of support at 80731.14 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.

Next a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Next a ‘Three Outside Up’ candlestick pattern is found. The candles show ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

81791.48 – 81712.32 – 81323.52 – 80731.14 – 80527.76 – 79744.91 —
81534.230000000 – 81360.300000000 —
56.990832633631 – 49.331248491199 —
– —
81791.48 – 1778014800

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