Buy BTC/USDT – 1H – BUY

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

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