The currency pair Bitcoin/Tether (BTC/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance at 78452.18 will persist.
Caution: A possible change in the direction of support at 74821.57 could happen.
Consider stop-loss settings accordingly.
Next a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair could go up.
Next a ‘Bearish Harami Cross’ candlestick chart pattern is found. The candles show ‘Bearish Harami Cross’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 79186.81 |
| 2nd High | 79084.29 |
| Next High | 78452.18 |
| Current Price | 78905.020000000 |
| Next Low | 74821.57 |
| 2nd Low | 74702 |
| 3rd Low | 74095.18 |
78452.18 – 76927.57 – 76558.62 – 74821.57 – 75474.77 – 74702 —
78850.000000000 – 79034.730000000 —
75.098238579412 – 63.9138736866 —
– —
78452.18 – 1776834000
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Harami Cross – – –