BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance line at 95369.000000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 93870.690000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Double top chart pattern’ chart layout is found. The chart shows ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.
Besides a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 95758.040000000 |
| Next High | 95369.000000000 |
| Current Price | 94012.270000000 |
| Next Low | 93870.690000000 |
| 2nd Low | 84347.970000000 |
| 3rd Low | 83709.250000000 |