BTC/USDT – 1H – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 103550.000000000 is certain.
Caution: A possible trend reversal in the direction of the support line at 100609.410000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 102650 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 103550.000000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 104088.000000000 |
| Next High | 103550.000000000 |
| Current Price | 103164.000000000 |
| Next Low | 100609.410000000 |
| 2nd Low | 99205.000000000 |
| 3rd Low | 94256.540000000 |