The combination Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance level at 77711.87 will continue.
Caution: A possible change in the direction of the support line at 77264.08 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally 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 chart scenario. The currency pair could go up.
Additionally a ‘Three Outside Up’ candle chart pattern is detected. The chart forms ‘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 success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 78581.93 |
| 2nd High | 78479.37 |
| Next High | 77711.87 |
| Current Price | 77643.370000000 |
| Next Low | 77264.08 |
| 2nd Low | 76960 |
| 3rd Low | 74821.57 |
77711.87 – 78479.37 – 78581.93 – 77264.08 – 77402.01 – 76960 —
77691.230000000 – 77566.260000000 —
50.968848875422 – 45.79512845586 —
– —
77711.87 – 1777087800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –