The pair Bitcoin/Tether (BTC/USDT) goes from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance at 107985.050000000 will persist.
Caution: A possible counter-trend in the direction of the support level at 106100.010000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 107985.05 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 107985.050000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 107985.050000000 |
Current Price | 107342.210000000 |
Next Low | 106100.010000000 |
2nd Low | 104184.720000000 |
3rd Low | 102126.160000000 |