The pair Bitcoin/Tether (BTC/USDT) moves from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 74893.94 is likely expected.
Caution: A possible change in the direction of the support zone at 70317 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
There is also a ‘Three Outside Up’ candle pattern is existing. The candles show ‘Three Outside Up’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 79360 |
| 2nd High | 76971.52 |
| Next High | 74893.94 |
| Current Price | 74181.080000000 |
| Next Low | 70317 |
| 2nd Low | 69205.91 |
| 3rd Low | 68977.91 |
74893.94 – 74451.03 – 73913.74 – 70317 – 69205.91 – 68977.91 —
74063.220000000 – 73997.040000000 —
53.12715460681 – 50.949916201801 —
– —
74893.94 – 1773759600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –