The pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance line at 69482.97 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 68143.22 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.
There is also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
There is also a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart shows ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 71126 |
| 2nd High | 69993.65 |
| Next High | 69482.97 |
| Current Price | 68862.880000000 |
| Next Low | 68143.22 |
| 2nd Low | 65118 |
| 3rd Low | 60000 |
69482.97 – 68410.52 – 68834.34 – 68143.22 – 65118 – 66670.45 —
69848.480000000 – 68130.000000000 —
67.964176217198 – 44.608369603535 —
– —
69482.97 – 1770998400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –