The combination Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance level at 119800.000000000 will continue.
Caution: A possible counter-trend in the direction of the support level at 112650.000000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘StochRSI cross above 20’ indicator signal is existing. The indicator shows ‘StochRSI cross above 20’. which could be a positive 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 | 118779.000000000 |
| Next Low | 112650.000000000 |
| 2nd Low | 111920.000000000 |
| 3rd Low | 107245.000000000 |
115720.000000000 – 119800.000000000 – 120247.800000000 – 112650.000000000 – 111920.000000000 – 114723.160000000 — 65.957362857987 – 67.827227488636