BTC/USDT – 30M – BUYFurthermore a ‘Double bottom chart pattern’ chart pattern is found. The chart shows ‘Double bottom chart pattern’. which is a bullish pattern signal. The pair is likely to go up.
The combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance line at 105900.000000000 is certain.
Caution: A possible change in the direction of the support level at 104964.140000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 106000 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance zone at 105900.000000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 106794.670000000 |
| 2nd High | 106000.000000000 |
| Next High | 105900.000000000 |
| Current Price | 105829.660000000 |
| Next Low | 104964.140000000 |
| 2nd Low | 104518.860000000 |
| 3rd Low | 104407.160000000 |
105900.000000000 – 105319.130000000 – 105240.840000000 – 104964.140000000 – 105394.030000000 – 104518.860000000