The pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance line at 68318.390000000 is expected.
Caution: A possible trend reversal in the direction of the support level at 65631.83 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair is likely to rise.
Furthermore a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 68476.22 |
| 2nd High | 68347.72 |
| Next High | 68318.390000000 |
| Current Price | 67069.650000000 |
| Next Low | 65631.83 |
| 2nd Low | 65118 |
| 3rd Low | 60000 |
68318.390000000 – 67198.1 – 67320 – 65631.83 – 65870 – 66892.03 —
68318.390000000 – 67220.880000000 —
72.084240945165 – 35.855149291681 —
68318.390000000 – 1771581600 —
– 1771581600