BTC/USDT – 4H – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance line at 117429.050000000 is certain.
Caution: A possible trend reversal in the direction of the support line at 109977.000000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124474.000000000 |
| 2nd High | 118575.000000000 |
| Next High | 117429.050000000 |
| Current Price | 113881.200000000 |
| Next Low | 109977.000000000 |
| 2nd Low | 109329.120000000 |
| 3rd Low | 107255.000000000 |
113384.620000000 – 113485.900000000 – 117429.050000000 – 109977.000000000 – 109329.120000000 – 107255.000000000 — 62.163605471967 – 63.706330871474