The pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance line at 113360.000000000 is certain.
Caution: A possible trend reversal in the direction of the support zone at 110862.420000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 115666.680000000 |
| 2nd High | 114917.100000000 |
| Next High | 113360.000000000 |
| Current Price | 113006.270000000 |
| Next Low | 110862.420000000 |
| 2nd Low | 110345.420000000 |
| 3rd Low | 109393.930000000 |
113360.000000000 – 112625.000000000 – 112371.000000000 – 110862.420000000 – 110345.420000000 – 109393.930000000 — 49.944848710787 – 55.208765223047