BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance level at 115819.060000000 is certain.
Caution: A possible trend reversal in the direction of the support zone at 115329.030000000 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 115610.905 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 115819.060000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117900.000000000 |
| 2nd High | 116121.810000000 |
| Next High | 115819.060000000 |
| Current Price | 115628.180000000 |
| Next Low | 115329.030000000 |
| 2nd Low | 115100.000000000 |
| 3rd Low | 114720.810000000 |
115819.060000000 – 116121.810000000 – 115985.200000000 – 115329.030000000 – 115441.830000000 – 115408.470000000 — 41.900094088538 – 52.184113133611
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Double top retreat up – –