BTC/USDT – 30M – BUYBesides a ‘Falling Wedge Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Falling Wedge Chart Pattern’. which is a bullish chart scenario. The currency pair is likely to rise.
The pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance line at 105073.530000000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 104617.690000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 105325.830000000 |
| 2nd High | 105226.170000000 |
| Next High | 105073.530000000 |
| Current Price | 104521.310000000 |
| Next Low | 104617.690000000 |
| 2nd Low | 103500.000000000 |
| 3rd Low | 103371.020000000 |
105073.530000000 – 105226.170000000 – 105325.830000000 – 104617.690000000 – 103500.000000000 – 103371.020000000