The combination Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance at 119800.000000000 will persist.
Caution: A possible trend reversal in the direction of the support level at could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120998.710000000 |
| 2nd High | 120247.800000000 |
| Next High | 119800.000000000 |
| Current Price | 118447.520000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
119800.000000000 – 120247.800000000 – 120998.710000000 – 114723.160000000 – 116128.000000000 – 116812.760000000 — 48.396208437244 – 53.038685444289
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Double top retreat up –