The pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance at 66988.01 is considered certain.
Caution: A possible change in the direction of support at 65548.25 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 66418.595 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 66988.01 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 67288.94 |
| 2nd High | 67130.5 |
| Next High | 66988.01 |
| Current Price | 66010.930000000 |
| Next Low | 65548.25 |
| 2nd Low | 65259.21 |
| 3rd Low | 65056 |
66988.01 – 67130.5 – 67288.94 – 66158.26 – 66281.4 – 66124.4 —
66477.200000000 – 66425.850000000 —
44.129002809505 – 32.357285071483 —
– —
66988.01 – 1774783800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Northern Doji – – –