The pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline up.
The bullish trend up to the next resistance level at 73558.15 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 66158 is also possible.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 76971.52 |
| 2nd High | 74050 |
| Next High | 73558.15 |
| Current Price | 67161.520000000 |
| Next Low | 66158 |
| 2nd Low | 65259.21 |
| 3rd Low | 65056 |
73558.15 – 74050 – 68999 – 67446.41 – 67744.78 – 67400 —
67483.050000000 – 67100.010000000 —
35.423571825862 – 27.043828244462 —
– —
73558.15 – 1772704800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Northern Doji – – –