The combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
An ascent up to the next resistance at 67130.5 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 66281.4 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 71594.11 |
| 2nd High | 67288.94 |
| Next High | 67130.5 |
| Current Price | 66589.640000000 |
| Next Low | 66281.4 |
| 2nd Low | 66124.4 |
| 3rd Low | 65548.25 |
67130.5 – 67288.94 – 66573.61 – 66281.4 – 66124.4 – 65548.25 —
66634.020000000 – 66687.300000000 —
39.329256501476 – 45.138729698246 —
– —
67130.5 – 1774753200