BTC/USDT – 30M – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance level at 84756.830000000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 82456.000000000 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 83549.08 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 84756.830000000 is also possible.
Consider stop-loss settings accordingly.
And also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 85309.710000000 |
| 2nd High | 85117.040000000 |
| Next High | 84756.830000000 |
| Current Price | 83163.810000000 |
| Next Low | 82456.000000000 |
| 2nd Low | 81981.120000000 |
| 3rd Low | 79939.900000000 |