BTC/USDT – 30M – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 66988.01 is likely expected.
Caution: A possible trend reversal in the direction of support at 66281.4 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.
In addition a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 67288.94 |
| 2nd High | 67130.5 |
| Next High | 66988.01 |
| Current Price | 66397.510000000 |
| Next Low | 66281.4 |
| 2nd Low | 66124.4 |
| 3rd Low | 65548.25 |
66988.01 – 67130.5 – 67288.94 – 66281.4 – 66124.4 – 65548.25 —
66687.300000000 – 66546.000000000 —
45.138730842559 – 37.035362813061 —
– —
66988.01 – 1774783800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Northern Doji – – –