The pair Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 77904.93 will continue.
Caution: A possible counter-trend in the direction of the support line at 75323.65 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 77904.93 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 77904.93 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a bullish 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 ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 79485.66 |
| 2nd High | 78265.34 |
| Next High | 77904.93 |
| Current Price | 78737.250000000 |
| Next Low | 75323.65 |
| 2nd Low | 74937.52 |
| 3rd Low | 74821.57 |
77453.74 – 76669.14 – 76473.26 – 75323.65 – 74937.52 – 76187.75 —
77391.990000000 – 78170.200000000 —
66.162014584336 – 75.35279191203 —
– —
77453.74 – 1777604400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –