The combination Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 113485.900000000 will continue.
Caution: A possible change in the direction of support at 110862.420000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.
And also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 115666.680000000 |
| 2nd High | 114917.100000000 |
| Next High | 113485.900000000 |
| Current Price | 112566.900000000 |
| Next Low | 110862.420000000 |
| 2nd Low | 110345.420000000 |
| 3rd Low | 109393.930000000 |
113485.900000000 – 113360.000000000 – 112625.000000000 – 110862.420000000 – 110345.420000000 – 109393.930000000 — 49.632731367542 – 52.894672538401
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Double bottom chart pattern – –