BTC/USDT – 30M – BUYThe combination Bitcoin/Tether (BTC/USDT) goes from the ascending trendline up.
A continuation of the upward movement up to the next resistance at 119273.360000000 is expected.
Caution: A possible trend reversal in the direction of the support level at could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 119275.5272 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 119273.360000000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120820.710000000 |
| 2nd High | 120247.800000000 |
| Next High | 119273.360000000 |
| Current Price | 118627.040000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
119273.360000000 – 118708.240000000 – 120247.800000000 – 117301.000000000 – 117550.000000000 – 116128.000000000