The pair Bitcoin/Tether (BTC/USDT) moves from the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 71126 is considered certain.
Caution: A possible change in the direction of the support zone at 68682 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
Furthermore a ‘Three White Soldiers’ candle chart pattern is found. The candles form ‘Three White Soldiers’. this is a bullish signal. 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 | 76971.52 |
| 2nd High | 72271.41 |
| Next High | 71126 |
| Current Price | 69225.140000000 |
| Next Low | 68682 |
| 2nd Low | 68308 |
| 3rd Low | 60000 |
71126 – 72271.41 – 71554.95 – 68682 – 68308 – 70000 —
69290.490000000 – 68808.640000000 —
41.296333927776 – 38.930338244129 —
– —
71126 – 1770667200
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –