The currency pair Bitcoin/Tether (BTC/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 73558.15 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 69355.34 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ” indicator layout is discovered. The indicator shows ”. which is often a bullish chart scenario. The currency pair is likely to rise.
!
And also a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Three Outside Up’ candle pattern is detected. The chart shows ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 76971.52 |
| 2nd High | 74050 |
| Next High | 73558.15 |
| Current Price | 72784.730000000 |
| Next Low | 69355.34 |
| 2nd Low | 69205.91 |
| 3rd Low | 68977.91 |
72000 – 70800 – 71321 – 69355.34 – 69205.91 – 68977.91 —
71584.570000000 – 72364.440000000 —
61.520784976999 – 67.498720764502 —
– —
72000 – 1773361800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –