BTC/USDT – 1H – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance line at 92594.000000000 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 89376.900000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 92594 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 92594.000000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 92594.000000000 |
| Current Price | 92391.990000000 |
| Next Low | 89376.900000000 |
| 2nd Low | 88722.000000000 |
| 3rd Low | 86668.210000000 |