The pair Bitcoin/Tether (BTC/USDT) moves from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 76558.62 is expected.
Caution: A possible counter-trend in the direction of the support level at 74702 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair could go up.
Furthermore 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.
Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
Furthermore a ‘Bearish SBS White Lines’ candlestick pattern is existing. The chart shows ‘Bearish SBS White Lines’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 79084.29 |
| 2nd High | 78333 |
| Next High | 76558.62 |
| Current Price | 75710.300000000 |
| Next Low | 74702 |
| 2nd Low | 74095.18 |
| 3rd Low | 73724.31 |
76558.62 – 76240.66 – 75891.64 – 74702 – 74095.18 – 73724.31 —
75974.240000000 – 75797.940000000 —
49.415037876777 – 45.921770801887 —
– —
76558.62 – 1776715200
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish SBS White Lines – – –