BTC/USDT – 1H – BUYThe currency pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 116331.810000000 is expected.
Caution: A possible change in the direction of the support level at 113430.000000000 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 116331.81 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 116331.810000000 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 118575.000000000 |
| 2nd High | 117429.050000000 |
| Next High | 116331.810000000 |
| Current Price | 115495.560000000 |
| Next Low | 113430.000000000 |
| 2nd Low | 110766.660000000 |
| 3rd Low | 110621.780000000 |
116331.810000000 – 114313.130000000 – 113293.290000000 – 113430.000000000 – 110766.660000000 – 111111.000000000 — 56.101528139844 – 62.57815646951