The pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance at 95600 is likely expected.
Caution: A possible change in the direction of the support zone at 94293.46 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘%K crosses above %D’ indicator layout is existing. The indicator shows ‘%K crosses above %D’. which could be a positive signal. The currency pair is likely to rise.
Then a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
Then a ‘Three Outside Up’ candlestick chart pattern is found. The chart forms ‘Three Outside Up’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95871.47 |
| 2nd High | 95809.08 |
| Next High | 95600 |
| Current Price | 95323.860000000 |
| Next Low | 94293.46 |
| 2nd Low | 91787.61 |
| 3rd Low | 90938.2 |
95600 – 95809.08 – 95871.47 – 94293.46 – 95133.03 – 95134.48 — 51.509706316761 – 52.607746154059 — 61.45556322438 – 72.201010872332 – 61.736266563682 – 62.773848505109
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –