Buy BTC/USDT – 30M – BUY

The currency pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance line at 119800.000000000 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 117427.500000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘RSI fall below 30’ indicator layout is found. The indicator is ‘RSI fall below 30’. which is often a bearish chart signal. The currency pair could go down.

Next a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Support & Resistance Price Range*
3rd High 120820.710000000
2nd High 120247.800000000
Next High 119800.000000000
Current Price 118095.600000000
Next Low 117427.500000000
2nd Low 117304.460000000
3rd Low 114908.000000000

119800.000000000 – 119540.010000000 – 118438.830000000 – 117427.500000000 – 117859.980000000 – 117825.500000000 — 45.583494104755 – 49.192792623859

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