The currency pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 74893.94 will persist.
Caution: A possible counter-trend in the direction of the support line at 65618.49 should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair is likely to rise.
Additionally a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.
Additionally a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish signal. The currency 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 91224.99 |
| 2nd High | 90600 |
| Next High | 74893.94 |
| Current Price | 70679.050000000 |
| Next Low | 65618.49 |
| 2nd Low | 63030 |
| 3rd Low | 62510.28 |
74893.94 – 73913.74 – 71777 – 68793.35 – 65618.49 – 63030 —
69526.850000000 – 71499.000000000 —
35.725504902598 – 52.603439980227 —
– —
74893.94 – 1773748800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –