The pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance line at 71367 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 68793.35 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 74672.34 |
| 2nd High | 71613.79 |
| Next High | 71367 |
| Current Price | 69860.090000000 |
| Next Low | 68793.35 |
| 2nd Low | 65618.49 |
| 3rd Low | 65259.21 |
71367 – 70695.6 – 71613.79 – 68793.35 – 69478.51 – 70500 —
70810.810000000 – 70268.660000000 —
53.48771997617 – 37.638428677056 —
– —
71367 – 1773993600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Rising Wedge Chart Pattern – –