The currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance line at 63933.02 will persist.
Caution: A possible change in the direction of the support level at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair could go up.
And also a ‘Bullish Belt Hold’ candle pattern is discovered. The chart forms ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 64234.68 |
| 2nd High | 64200 |
| Next High | 63933.02 |
| Current Price | 63999.990000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
63933.02 – 62857.99 – 64200 – 62348 – 60755 – 60780 —
63721.310000000 – 63775.000000000 —
54.271453067379 – 53.426655127297 —
– —
63933.02 – 1781204400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Belt Hold – – –