The pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance at 119800.000000000 is likely expected.
Caution: A possible change in the direction of the support level at 112650.000000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘RSI cross above 70’ indicator signal is discovered. The indicator is ‘RSI cross above 70’. this is usually a bullish chart signal. The pair is likely to go up.
Next a ‘StochRSI cross above 20’ indicator signal is discovered. The indicator is ‘StochRSI cross above 20’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120998.710000000 |
| 2nd High | 120247.800000000 |
| Next High | 119800.000000000 |
| Current Price | 119420.000000000 |
| Next Low | 112650.000000000 |
| 2nd Low | 111920.000000000 |
| 3rd Low | 107245.000000000 |
115720.000000000 – 119800.000000000 – 120247.800000000 – 112650.000000000 – 111920.000000000 – 114723.160000000 — 52.991763736712 – 57.913057290933