BTC/USDT – 1H – BUYThe currency pair breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 62370.560000000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 61700.000000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 64130.630000000 |
| 2nd High | 62484.850000000 |
| Next High | 62370.560000000 |
| Current Price | 62720.010000000 |
| Next Low | 61700.000000000 |
| 2nd Low | 60753.970000000 |
| 3rd Low | 59828.110000000 |