The combination Bitcoin/Tether (BTC/USDT) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 93905.510000000 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 91320.000000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 93905.51 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 93905.510000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 93905.510000000 |
Current Price | 93454.650000000 |
Next Low | 91320.000000000 |
2nd Low | 90975.800000000 |
3rd Low | 89667.660000000 |