The currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance level at 120063.840000000 is likely expected.
Caution: A possible change in the direction of the support line at 117453.570000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Besides a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 123218.000000000 |
| Next High | 120063.840000000 |
| Current Price | 120272.190000000 |
| Next Low | 117453.570000000 |
| 2nd Low | 115736.920000000 |
| 3rd Low | 107429.570000000 |
120063.840000000 – 118490.710000000 – 123218.000000000 – 117453.570000000 – 115736.920000000 – 116900.050000000