The combination Bitcoin/Tether (BTC/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 81323.52 will persist.
Caution: A possible change in the direction of the support level at 79744.91 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. which could be a positive signal. The currency pair could go up.
Then a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84737.69 |
| 2nd High | 84621.16 |
| Next High | 81323.52 |
| Current Price | 81279.410000000 |
| Next Low | 79744.91 |
| 2nd Low | 78202 |
| 3rd Low | 78084.08 |
81323.52 – 80776.99 – 80635.51 – 79744.91 – 78202 – 78288.88 —
80895.500000000 – 81095.480000000 —
59.451753106181 – 62.238229113024 —
– —
81323.52 – 1777959000
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –