The combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance at 105819.450000000 is certain.
Caution: A possible trend reversal in the direction of the support line at 102126.160000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair could go up.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 105819.450000000 |
Current Price | 105517.700000000 |
Next Low | 102126.160000000 |
2nd Low | 102000.000000000 |
3rd Low | 101383.070000000 |