Buy BTC/USDT – 30M – BUY

The currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.

A bullish ascent up to the next resistance at 84737.69 will persist.

Caution: A possible counter-trend in the direction of the support level at 81118 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The pair is likely to go up.

Moreover a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 85859 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 84737.69 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 90600
2nd High 88500
Next High 84737.69
Current Price 84311.990000000
Next Low 81118
2nd Low 80600
3rd Low 78969.58

84737.69 – 88500 – 90600 – 81118 – 83383.33 – 87704 —
83797.990000000 – 83236.700000000 —
50.420659665992 – 42.070288377229 —
– —
84737.69000 – 1769729400

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