BTC/USDT – 1H – BUYThe combination Bitcoin/Tether (BTC/USDT) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 105819.450000000 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 102000.000000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 104857.82 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 105819.450000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 105819.450000000 |
| Current Price | 105285.720000000 |
| Next Low | 102000.000000000 |
| 2nd Low | 101383.070000000 |
| 3rd Low | 100718.370000000 |