BTC/USDT – 1H – BUYThe combination Bitcoin/Tether (BTC/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 113485.900000000 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 107459.490000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The pair is likely to go up.
Moreover a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 112152.4874 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 113485.900000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117429.050000000 |
| 2nd High | 115666.680000000 |
| Next High | 113485.900000000 |
| Current Price | 111360.010000000 |
| Next Low | 107459.490000000 |
| 2nd Low | 107255.000000000 |
| 3rd Low | 107245.000000000 |
109912.400000000 – 109237.510000000 – 109480.020000000 – 107459.490000000 – 107255.000000000 – 107350.100000000 — 62.138592528136 – 63.360177083785