The combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance at 75534.76 is expected.
Caution: A possible counter-trend in the direction of support at 74529.4 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.
Next a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
Next a ‘Three White Soldiers’ candle chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 76971.52 |
| 2nd High | 76038 |
| Next High | 75534.76 |
| Current Price | 75589.700000000 |
| Next Low | 74529.4 |
| 2nd Low | 73580.85 |
| 3rd Low | 73514 |
75534.76 – 75030.39 – 75425 – 74529.4 – 73580.85 – 73514 —
75089.510000000 – 75364.640000000 —
56.11227590973 – 53.612561013061 —
– —
75534.76 – 1776369600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –