BTC/USDT – 1H – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance level at 112575.270000000 will continue.
Caution: A possible trend reversal in the direction of the support zone at could occur.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 115666.680000000 |
| 2nd High | 113485.900000000 |
| Next High | 112575.270000000 |
| Current Price | 111614.540000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
112575.270000000 – 111782.210000000 – 109912.400000000 – 109329.120000000 – 110528.710000000 – 108393.390000000 — 49.132321680871 – 52.597547384021