The pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance at 65600 is considered certain.
Caution: A possible counter-trend in the direction of the support line at is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.
Then a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The pair is likely to go up.
Then a ‘Three White Soldiers’ candlestick pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 67292.15 |
| 2nd High | 65622.83 |
| Next High | 65600 |
| Current Price | 64259.730000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
65600 – 64692.83 – 64700 – 61824.97 – 61544.56 – 61306.84 —
64997.520000000 – 63361.700000000 —
55.144700244924 – 46.050245584714 —
– —
65600 – 1784117100
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –