The currency pair Bitcoin/Tether (BTC/USDT) moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 75425 is expected.
Caution: A possible change in the direction of the support level at 73580.85 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair is likely to rise.
Besides a ‘MACD crosses above signal’ indicator signal is found. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair is likely to rise.
Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 75442.336 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 75425 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 76971.52 |
| 2nd High | 76038 |
| Next High | 75425 |
| Current Price | 75070.230000000 |
| Next Low | 73580.85 |
| 2nd Low | 73514 |
| 3rd Low | 70566.99 |
75425 – 74506.84 – 74786.72 – 73580.85 – 73514 – 73795.47 —
74874.930000000 – 75010.000000000 —
56.600497640303 – 56.873443626557 —
– —
75425 – 1776292200
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –