Moreover a ‘Double top retreat up’ chart formation is existing. The formation shows ‘Double top retreat up’. which is a positive signal. The pair is likely to go up.
The pair Bitcoin/Tether (BTC/USDT) moves from the bearish trendline up.
A bullish movement up to the next resistance level at 66600 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 64290.71 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ” indicator layout is discovered. The indicator is ”. this is usually a bullish chart scenario. The currency pair is likely to rise.
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Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Moreover a ‘Bullish Belt Hold’ chart pattern is existing. The chart shows ‘Bullish Belt Hold’. 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 chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 68245 |
| 2nd High | 67751.44 |
| Next High | 66600 |
| Current Price | 64473.140000000 |
| Next Low | 64290.71 |
| 2nd Low | 60000 |
| 3rd Low |
66600 – 67751.44 – 68245 – 64290.71 – 67190 – 67809.78 —
65689.990000000 – 64545.550000000 —
39.462348179836 – 25.084599451153 —
– —
66600 – 1771840800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Belt Hold – Double top retreat up – –