BTC/USDT – 1H – BUYBesides a ‘Falling Wedge Chart Pattern’ chart pattern is found. The chart forms ‘Falling Wedge Chart Pattern’. which is a positive pattern signal. The currency pair is likely to go up.
The pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance level at 106128.570000000 is expected.
Caution: A possible change in the direction of the support level at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 108450.160000000 |
| 2nd High | 106252.000000000 |
| Next High | 106128.570000000 |
| Current Price | 105815.080000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
106128.570000000 – 106252.000000000 – 108450.160000000 – 104867.640000000 – 104300.000000000 – 102664.310000000