The pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 78581.93 is likely expected.
Caution: A possible change in the direction of the support line at 76960 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.
In addition a ‘Three Line Strike – Bullish’ candle chart pattern is found. The chart forms ‘Three Line Strike – Bullish’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 79472.82 |
| 2nd High | 78662.5 |
| Next High | 78581.93 |
| Current Price | 77855.620000000 |
| Next Low | 76960 |
| 2nd Low | 74821.57 |
| 3rd Low | 74702 |
78581.93 – 78662.5 – 79472.82 – 76960 – 77174.01 – 77453.43 —
77750.410000000 – 77855.670000000 —
43.416169242474 – 44.738632273916 —
– —
78581.93 – 1776996000
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Line Strike – Bullish – – –