BTC/USDT – 1H – BUYThe combination Bitcoin/Tether (BTC/USDT) goes from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 79485.66 is considered certain.
Caution: A possible change in the direction of the support line at 75666.6 could happen.
Consider stop-loss settings accordingly.
In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.
In addition a ‘Bullish Belt Hold’ chart pattern is found. The candles show ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 90600 |
| 2nd High | 84621.16 |
| Next High | 79485.66 |
| Current Price | 77642.000000000 |
| Next Low | 75666.6 |
| 2nd Low | 74821.57 |
| 3rd Low | 73724.31 |
79485.66 – 78210 – 77885.35 – 75666.6 – 76459.64 – 77140.23 —
76557.970000000 – 77182.910000000 —
47.952588751605 – 57.992250327512 —
– —
79485.66 – 1777251600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Belt Hold – – –