The currency pair Bitcoin/Tether (BTC/USDT) moves from the descending trendline up.
An ascending movement upwards to the next resistance at 117900.000000000 is expected.
Caution: A possible trend reversal in the direction of the support level at 114720.810000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 118575.000000000 |
| 2nd High | 117995.370000000 |
| Next High | 117900.000000000 |
| Current Price | 116284.640000000 |
| Next Low | 114720.810000000 |
| 2nd Low | 114384.000000000 |
| 3rd Low | 113430.000000000 |
117900.000000000 – 117896.000000000 – 117286.730000000 – 116612.030000000 – 116977.590000000 – 114720.810000000 — 31.579404534473 – 34.952363632186