The pair Bitcoin/Tether (BTC/USDT) moves from the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 122335.160000000 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 118074.990000000 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘RSI cross above 30’ indicator layout is detected. The indicator shows ‘RSI cross above 30’. which is often a bullish signal. The currency pair is likely to rise.
Besides a ‘StochRSI cross above 20’ indicator layout is detected. The indicator shows ‘StochRSI cross above 20’. which is often a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 123218.000000000 |
| Next High | 122335.160000000 |
| Current Price | 120010.000000000 |
| Next Low | 118074.990000000 |
| 2nd Low | 116359.890000000 |
| 3rd Low | 114259.000000000 |
122335.160000000 – 119113.940000000 – 118741.770000000 – 118074.990000000 – 116359.890000000 – 114259.000000000 — 33.501426817236 – 41.804566894036
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Double top retreat up – –