The combination Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance line at 78878.77 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 78084.08 could happen.
Consider stop-loss settings accordingly.
And also a ‘MACD crosses above signal’ indicator signal is found. The indicator is ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 79485.66 |
| 2nd High | 79199.48 |
| Next High | 78878.77 |
| Current Price | 78921.690000000 |
| Next Low | 78084.08 |
| 2nd Low | 78040 |
| 3rd Low | 77752 |
78878.77 – 79199.48 – 78596.61 – 78084.08 – 78094.43 – 78040 —
78798.030000000 – 78764.860000000 —
56.881411361904 – 55.352386804205 —
– —
78878.77 – 1777809600