BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at will persist.
Caution: A possible change in the direction of the support line at 118243.680000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 119488 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 119925.490000000 |
| Next Low | 118243.680000000 |
| 2nd Low | 117000.010000000 |
| 3rd Low | 116900.050000000 |
119488.000000000 – 119376.000000000 – 118200.000000000 – 118243.680000000 – 117000.010000000 – 116900.050000000
Trading Signals: FOREX – BTC – BTC/USDT – USDT – – Double bottom chart pattern