BTC/USDT – 30M – BUYThe combination Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance at 77453.74 is certain.
Caution: A possible reversal of the trend in the direction of support at 75323.65 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Outside Up’ candlestick pattern is existing. The chart shows ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 78265.34 |
| 2nd High | 77904.93 |
| Next High | 77453.74 |
| Current Price | 77463.980000000 |
| Next Low | 75323.65 |
| 2nd Low | 74937.52 |
| 3rd Low | 74821.57 |
77453.74 – 76669.14 – 76473.26 – 75323.65 – 74937.52 – 76187.75 —
77106.500000000 – 77361.770000000 —
60.153964721298 – 62.73425786915 —
– —
77453.74 – 1777604400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –