BTC/USDT – 1H – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 68476.22 will persist.
Caution: A possible counter-trend in the direction of support at 65631.83 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair could go up.
Also there is a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. which could be a positive signal. The currency pair could go up.
Also there is a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 70126.67 |
| 2nd High | 69241.5 |
| Next High | 68476.22 |
| Current Price | 67924.210000000 |
| Next Low | 65631.83 |
| 2nd Low | 65118 |
| 3rd Low | 60000 |
67320 – 68476.22 – 69241.5 – 65631.83 – 65870 – 66621.06 —
68230.010000000 – 67921.700000000 —
71.324560410508 – 56.644890513399 —
– —
67320 – 1771484400