The combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
A bullish ascent up to the next resistance level at 71978.58 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 60000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.
Next a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 79084.29 |
| 2nd High | 76971.52 |
| Next High | 71978.58 |
| Current Price | 68194.890000000 |
| Next Low | 60000 |
| 2nd Low | |
| 3rd Low |
66826.5 – 71978.58 – 76971.52 – 60000 – 70140 – 72945.5 —
66220.000000000 – 67690.700000000 —
54.502192738381 – 62.929843204418 —
– —
66826.5 – 1770355800