The combination Bitcoin/Tether (BTC/USDT) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 80635.51 will continue.
Caution: A possible trend reversal in the direction of the support level at 78202 could happen.
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 existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.
There is also a ‘Three White Soldiers’ candle pattern is detected. The candles show ‘Three White Soldiers’. which is a positive chart scenario. 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 | 90600 |
| 2nd High | 84621.16 |
| Next High | 80635.51 |
| Current Price | 81279.410000000 |
| Next Low | 78202 |
| 2nd Low | 78084.08 |
| 3rd Low | 74937.52 |
80635.51 – 79199.48 – 78914.12 – 78202 – 78288.88 – 78084.08 —
81083.980000000 – 80831.870000000 —
66.846912271485 – 61.853108042442 —
– —
80635.51 – 1777867200
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –