The combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance level at 88250 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 78969.58 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 93160 |
| 2nd High | 92541.92 |
| Next High | 88250 |
| Current Price | 82925.230000000 |
| Next Low | 78969.58 |
| 2nd Low | 78464.36 |
| 3rd Low | 75756.86 |
88250 – 92541.92 – 93160 – 86100 – 88608 – 90025.06 — 26.221451641167 – 29.065781619198 — 14.434221146086 – 33.4398708636 – 4.8114070486952 – 15.958030669895