The combination Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 64762.77 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 62829.81 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair could go up.
Next a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.
Next a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. 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 White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 74275.66 |
| 2nd High | 74198 |
| Next High | 64762.77 |
| Current Price | 65426.780000000 |
| Next Low | 62829.81 |
| 2nd Low | 62348 |
| 3rd Low | 60755 |
64762.77 – 64394.44 – 63933.02 – 62829.81 – 62348 – 60755 —
64398.140000000 – 64092.400000000 —
51.137952808932 – 45.803015053601 —
– —
64762.77 – 1781384400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –