The combination Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance at 66025.52 will continue.
Caution: A possible trend reversal in the direction of support at 63030 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 65945 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 66025.52 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 68722.64 |
| 2nd High | 68216.8 |
| Next High | 66025.52 |
| Current Price | 64841.180000000 |
| Next Low | 63030 |
| 2nd Low | 62510.28 |
| 3rd Low | 60000 |
66025.52 – 68216.8 – 68722.64 – 63030 – 64914.46 – 65113.72 —
64307.260000000 – 65159.100000000 —
42.686397704471 – 48.130504264091 —
– —
66025.52 – 1772236800