BTC/USDT – 1H – BUYThe combination Bitcoin/Tether (BTC/USDT) goes from the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 116009.620000000 is expected.
Caution: A possible counter-trend in the direction of the support line at 114384.000000000 should be noted.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.
Moreover a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117429.050000000 |
| 2nd High | 116757.990000000 |
| Next High | 116009.620000000 |
| Current Price | 115905.880000000 |
| Next Low | 114384.000000000 |
| 2nd Low | 113430.000000000 |
| 3rd Low | 110766.660000000 |
116009.620000000 – 116757.990000000 – 116165.190000000 – 114384.000000000 – 115127.270000000 – 114740.990000000 — 47.960669242034 – 59.138665153528
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Double bottom chart pattern – –