BTC/USDT – 4H – BUYThe combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
A bullish trend up to the next resistance line at 115720.000000000 is certain.
Caution: A possible trend reversal in the direction of support at 112650.000000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair could go up.
Also there is a ‘StochRSI fall below 80’ indicator signal is existing. The indicator is ‘StochRSI fall below 80’. which could be a positive chart signal. The currency pair could go up.
Also there is a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120247.800000000 |
| 2nd High | 119800.000000000 |
| Next High | 115720.000000000 |
| Current Price | 115007.430000000 |
| Next Low | 112650.000000000 |
| 2nd Low | 111920.000000000 |
| 3rd Low | 107245.000000000 |
115720.000000000 – 119800.000000000 – 120247.800000000 – 112650.000000000 – 111920.000000000 – 114723.160000000 — 51.358810644217 – 52.990537151114