The currency pair Bitcoin/Tether (BTC/USDT) goes from the descending trendline up.
An ascent up to the next resistance at 118490.710000000 is expected.
Caution: A possible trend reversal in the direction of the support zone at 115736.920000000 should be noted.
Consider stop-loss settings accordingly.
Then a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 123218.000000000 |
| Next High | 118490.710000000 |
| Current Price | 116845.550000000 |
| Next Low | 115736.920000000 |
| 2nd Low | 107429.570000000 |
| 3rd Low | 107245.000000000 |
118490.710000000 – 123218.000000000 – 119488.000000000 – 115736.920000000 – 116250.000000000 – 119202.000000000