BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance at 118481.810000000 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 116950.750000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 118375.375 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 118481.810000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 119800.000000000 |
| 2nd High | 119273.360000000 |
| Next High | 118481.810000000 |
| Current Price | 117736.960000000 |
| Next Low | 116950.750000000 |
| 2nd Low | 114908.000000000 |
| 3rd Low | 114723.160000000 |
118481.810000000 – 119273.360000000 – 119800.000000000 – 116950.750000000 – 117450.000000000 – 117427.500000000 — 43.143093250158 – 44.907481559173