BTC/USDT – 4H – BUYThe pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline up.
The bullish trend up to the next resistance at 119800.000000000 is likely expected.
Caution: A possible trend reversal in the direction of support at 111920.000000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘StochRSI cross above 20’ indicator layout is existing. The indicator is ‘StochRSI cross above 20’. which is often a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120998.710000000 |
| 2nd High | 120247.800000000 |
| Next High | 119800.000000000 |
| Current Price | 113961.250000000 |
| Next Low | 111920.000000000 |
| 2nd Low | 107245.000000000 |
| 3rd Low | 106733.330000000 |
119800.000000000 – 120247.800000000 – 120998.710000000 – 111920.000000000 – 114723.160000000 – 116128.000000000 — 43.376509498879 – 46.082796246335