BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance line at 68698.7 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 67534.69 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 68698.7 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of resistance at 68698.7 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 70126.67 |
| 2nd High | 69241.5 |
| Next High | 68698.7 |
| Current Price | 68101.630000000 |
| Next Low | 67534.69 |
| 2nd Low | 66280.2 |
| 3rd Low | 65631.83 |
68698.7 – 68233.99 – 68318.39 – 67534.69 – 66280.2 – 65631.83 —
68658.500000000 – 68289.780000000 —
63.264841872428 – 39.77301545847 —
– —
68698.7 – 1771687800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Rising Wedge Chart Pattern – –