The currency pair Bitcoin/Tether (BTC/USDT) jumps from the bearish trendline up.
An ascending movement up to the next resistance level at 73558.15 will continue.
Caution: A possible change in the direction of support at 67400 should always be considered.
Consider stop-loss settings accordingly.
There is also a ” indicator layout is discovered. The indicator shows ”. this is usually a bullish chart scenario. The currency pair could go up.
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There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.
There is also a ‘Bullish Belt Hold’ candlestick pattern is existing. The chart shows ‘Bullish Belt Hold’. which 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 ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 76971.52 |
| 2nd High | 74050 |
| Next High | 73558.15 |
| Current Price | 68292.000000000 |
| Next Low | 67400 |
| 2nd Low | 66158 |
| 3rd Low | 65259.21 |
73558.15 – 74050 – 68909.34 – 70143.19 – 70645.47 – 71757.17 —
70341.760000000 – 68642.690000000 —
28.218462069129 – 26.949753700285 —
– —
73558.15 – 1772706600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Belt Hold – – –