The combination Bitcoin/Tether (BTC/USDT) goes from the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 81708.32 is expected.
Caution: A possible reversal of the trend in the direction of support at 80725.09 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘Three Outside Up’ chart pattern is detected. The chart forms ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84621.16 |
| 2nd High | 82850 |
| Next High | 81708.32 |
| Current Price | 81162.010000000 |
| Next Low | 80725.09 |
| 2nd Low | 80527.76 |
| 3rd Low | 79744.91 |
81708.32 – 82850 – 81760.84 – 80725.09 – 81136 – 80731.14 —
81590.000000000 – 81000.980000000 —
53.849163958083 – 42.600494306228 —
– —
81708.32 – 1778139000
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –