BTC/USDT – 1H – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance level at 69482.97 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 68143.220000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 71126 |
| 2nd High | 69993.65 |
| Next High | 69482.97 |
| Current Price | 69763.240000000 |
| Next Low | 68143.220000000 |
| 2nd Low | 65118 |
| 3rd Low |
69482.97 – 68410.52 – 68834.34 – 68143.220000000 – 65118 – 66670.45 —
68463.960000000 – 68992.710000000 —
52.721021785907 – 56.128820089561 —
68143.220000000 – 1771210800 —
69482.97 – 1770998400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Double bottom chart pattern – –