BTC/USDT – 30M – BUYThe pair Bitcoin/Tether (BTC/USDT) jumps from the bearish trendline up.
A bullish ascent up to the next resistance at 107000.000000000 is expected.
Caution: A possible counter-trend in the direction of the support line at 97244.000000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 99733.58052 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 107000.000000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 107793.070000000 |
| Next High | 107000.000000000 |
| Current Price | 97493.960000000 |
| Next Low | 97244.000000000 |
| 2nd Low | 95658.240000000 |
| 3rd Low | 94256.540000000 |