The currency pair Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 119800.000000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 117859.980000000 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘RSI cross above 30’ indicator layout is detected. The indicator shows ‘RSI cross above 30’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120820.710000000 |
| 2nd High | 120247.800000000 |
| Next High | 119800.000000000 |
| Current Price | 118431.990000000 |
| Next Low | 117859.980000000 |
| 2nd Low | 117825.500000000 |
| 3rd Low | 117304.460000000 |
119800.000000000 – 119540.010000000 – 118438.830000000 – 117859.980000000 – 117825.500000000 – 117304.460000000 — 30.572325956236 – 42.558957985114