The combination Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance line at 115875.840000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 118575.000000000 |
| 2nd High | 116980.000000000 |
| Next High | 115875.840000000 |
| Current Price | 114595.190000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
115875.840000000 – 116980.000000000 – 118575.000000000 – 112566.010000000 – 114640.140000000 – 117172.210000000 — 55.575377823311 – 57.919581626801
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Triple bottom chart pattern – –