The currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance at 119233.710000000 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 116128.000000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair could go up.
Additionally a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120820.710000000 |
| 2nd High | 119676.730000000 |
| Next High | 119233.710000000 |
| Current Price | 118399.090000000 |
| Next Low | 116128.000000000 |
| 2nd Low | 115736.920000000 |
| 3rd Low | 107429.570000000 |
117950.000000000 – 119233.710000000 – 119676.730000000 – 116128.000000000 – 116467.020000000 – 117723.230000000