The pair Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 66445.93 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 62272.07 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
Next a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘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 chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 67292.15 |
| 2nd High | 66992 |
| Next High | 66445.93 |
| Current Price | 63210.000000000 |
| Next Low | 62272.07 |
| 2nd Low | 60755 |
| 3rd Low | 60461.88 |
66445.93 – 66992 – 67292.15 – 62272.07 – 65360.92 – 65650 —
62916.660000000 – 62684.000000000 —
32.001449069223 – 40.359663213104 —
– —
66445.93 – 1781712000
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –