The currency pair Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 116019.300000000 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 113579.690000000 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘RSI cross above 70’ indicator layout is discovered. The indicator shows ‘RSI cross above 70’. which could be a positive signal. The pair is likely to go up.
And also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 118922.450000000 |
| 2nd High | 118879.140000000 |
| Next High | 116019.300000000 |
| Current Price | 114899.870000000 |
| Next Low | 113579.690000000 |
| 2nd Low | 111920.000000000 |
| 3rd Low | 107429.570000000 |
114260.310000000 – 114063.490000000 – 116019.300000000 – 113579.690000000 – 111920.000000000 – 112003.000000000 — 56.705208269077 – 67.174729578875
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Double bottom chart pattern – –