The currency pair Bitcoin/Tether (BTC/USDT) moves from the descending trendline up.
An ascending movement up to the next resistance at 118879.140000000 will persist.
Caution: A possible trend reversal in the direction of the support level at 114908.000000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘RSI cross above 30’ indicator signal is existing. The indicator is ‘RSI cross above 30’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 119273.360000000 |
| 2nd High | 118922.450000000 |
| Next High | 118879.140000000 |
| Current Price | 115306.830000000 |
| Next Low | 114908.000000000 |
| 2nd Low | 114723.160000000 |
| 3rd Low | 107429.570000000 |
118879.140000000 – 118922.450000000 – 118792.000000000 – 115796.230000000 – 117358.840000000 – 116950.750000000 — 29.002121544331 – 40.477373426409
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Triple top chart pattern –