The combination Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
An ascent upwards to the next resistance level at 90574 is expected.
Caution: A possible reversal of the trend in the direction of support at 87263.53 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 91397.325 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 90574 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95531.12 |
| 2nd High | 93420 |
| Next High | 90574 |
| Current Price | 89550.010000000 |
| Next Low | 87263.53 |
| 2nd Low | 87250 |
| 3rd Low | 86806.5 |
90574 – 90120.44 – 93420 – 87263.53 – 87895.98 – 91910.2 —
89968.280000000 – 89445.240000000 —
51.834851768042 – 40.332373324594 —
– —
90574.00000 – 1769007600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Double top retreat up – –