The pair Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 75534.76 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 74529.4 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘Three White Soldiers’. 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 success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 76971.52 |
| 2nd High | 76038 |
| Next High | 75534.76 |
| Current Price | 76284.960000000 |
| Next Low | 74529.4 |
| 2nd Low | 73580.85 |
| 3rd Low | 73514 |
75534.76 – 75030.39 – 75425 – 74529.4 – 73580.85 – 73514 —
74871.110000000 – 75176.470000000 —
50.669188972065 – 59.70660356804 —
– —
75534.76 – 1776369600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –