BTC/USDT – 1H – BUYAdditionally a ‘Falling Wedge Chart Pattern’ chart layout is existing. The formation shows ‘Falling Wedge Chart Pattern’. this is a bullish pattern signal. The currency pair is likely to go up.
The combination Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance at 105550.270000000 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 103371.020000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 110392.010000000 |
| 2nd High | 108952.380000000 |
| Next High | 105550.270000000 |
| Current Price | 104805.950000000 |
| Next Low | 103371.020000000 |
| 2nd Low | 102664.310000000 |
| 3rd Low | 102000.000000000 |
105550.270000000 – 108952.380000000 – 106128.570000000 – 103371.020000000 – 104494.530000000 – 104867.640000000