The combination Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 80635.51 is considered certain.
Caution: A possible change in the direction of the support line at 78202 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The pair is likely to go up.
There is also a ‘Three Outside Up’ candlestick pattern is detected. The candles show ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 90600 |
| 2nd High | 84621.16 |
| Next High | 80635.51 |
| Current Price | 80352.000000000 |
| Next Low | 78202 |
| 2nd Low | 78084.08 |
| 3rd Low | 74937.52 |
80635.51 – 79199.48 – 78914.12 – 78202 – 78288.88 – 78084.08 —
80395.680000000 – 80067.220000000 —
61.628727958168 – 54.23061991755 —
– —
80635.51 – 1777867200
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –