BTC/USDT – 30M – BUYThe combination Bitcoin/Tether (BTC/USDT) moves from the bearish trendline upwards
An ascending movement upwards to the next resistance line at 123218.000000000 will persist.
Caution: A possible change in the direction of the support level at 116250.000000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 117894.448 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 123218.000000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 123218.000000000 |
| Current Price | 116391.430000000 |
| Next Low | 116250.000000000 |
| 2nd Low | 107429.570000000 |
| 3rd Low | 107245.000000000 |
123218.000000000 – 119488.000000000 – 119376.000000000 – 116250.000000000 – 119202.000000000 – 118243.680000000