The combination Bitcoin/Tether (BTC/USDT) moves from the descending trendline upwards
The bullish trend up to the next resistance level at 66992 is expected.
Caution: A possible trend reversal in the direction of support at 63678.83 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair is likely to rise.
And also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
And also a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart shows ‘Three White Soldiers’. which 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 ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 74198 |
| 2nd High | 67292.15 |
| Next High | 66992 |
| Current Price | 65278.000000000 |
| Next Low | 63678.83 |
| 2nd Low | 62829.81 |
| 3rd Low | 62348 |
66992 – 67292.15 – 64762.77 – 65360.92 – 65650 – 63678.83 —
66048.190000000 – 64868.210000000 —
48.516155025924 – 29.308650824883 —
– —
66992 – 1781598900
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –