The pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline up.
An ascending movement upwards to the next resistance line at 71978.58 is likely expected.
Caution: A possible change in the direction of the support level at should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ” indicator signal is found. The indicator shows ”. which could be a positive chart scenario. The pair is likely to go up.
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And also a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The pair is likely to go up.
And also a ‘Bullish Belt Hold’ candle chart pattern is existing. The candles form ‘Bullish Belt Hold’. 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 chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 79084.29 |
| 2nd High | 76971.52 |
| Next High | 71978.58 |
| Current Price | 63509.390000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
71978.58 – 76971.52 – 79084.29 – 70140 – 72945.5 – 77644.09 —
65700.000000000 – 64508.060000000 —
23.848488151333 – 28.857309176935 —
– —
71978.58 – 1770282000
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Belt Hold – – –