The combination Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 123218.000000000 will persist.
Caution: A possible trend reversal in the direction of the support zone at 118243.680000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.
Besides a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 123218.000000000 |
| Current Price | 120268.870000000 |
| Next Low | 118243.680000000 |
| 2nd Low | 117000.010000000 |
| 3rd Low | 116900.050000000 |
123218.000000000 – 119488.000000000 – 119376.000000000 – 118243.680000000 – 117000.010000000 – 116900.050000000