The currency pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance level at 115720.000000000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 112650.000000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
And also a ‘RSI fall below 70’ indicator signal is existing. The indicator is ‘RSI fall below 70’. this is usually a bullish chart scenario. The currency pair is likely to rise.
And also a ‘StochRSI fall below 80’ indicator signal is existing. The indicator is ‘StochRSI fall below 80’. this is usually a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120247.800000000 |
| 2nd High | 119800.000000000 |
| Next High | 115720.000000000 |
| Current Price | 115007.430000000 |
| Next Low | 112650.000000000 |
| 2nd Low | 111920.000000000 |
| 3rd Low | 107245.000000000 |
115720.000000000 – 119800.000000000 – 120247.800000000 – 112650.000000000 – 111920.000000000 – 114723.160000000 — 51.358810644217 – 52.990537151114