BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance level at 119676.730000000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 116128.000000000 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Moreover a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120998.710000000 |
| 2nd High | 120820.710000000 |
| Next High | 119676.730000000 |
| Current Price | 119060.000000000 |
| Next Low | 116128.000000000 |
| 2nd Low | 115736.920000000 |
| 3rd Low | 107429.570000000 |
117950.000000000 – 119233.710000000 – 119676.730000000 – 116128.000000000 – 116467.020000000 – 117723.230000000