BTC/USDT – 1H – BUYAlso there is a ‘Double top retreat up’ chart pattern is found. The chart shows ‘Double top retreat up’. which is a bullish pattern signal. The currency pair is likely to go up.
The currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance level at 103982.640000000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 102345.000000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 108952.380000000 |
| 2nd High | 106524.650000000 |
| Next High | 103982.640000000 |
| Current Price | 102548.150000000 |
| Next Low | 102345.000000000 |
| 2nd Low | 102000.000000000 |
| 3rd Low | 101383.070000000 |
103982.640000000 – 106524.650000000 – 105550.270000000 – 102345.000000000 – 103929.270000000 – 103500.000000000