The combination Bitcoin/Tether (BTC/USDT) moves from the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 64463.83 is considered certain.
Caution: A possible trend reversal in the direction of the support level at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 64300.37592 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 64463.83 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish signal. 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 | 64692.83 |
| 2nd High | 64504.11 |
| Next High | 64463.83 |
| Current Price | 64177.700000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
64463.83 – 64504.11 – 64300 – 63640.83 – 63702.16 – 63896.18 —
64135.000000000 – 64248.000000000 —
53.144354356357 – 57.600820027362 —
– —
64463.83 – 1783801800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Northern Doji – – –