BTC/USDT – 4H – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 94789.08 is likely expected.
Caution: A possible trend reversal in the direction of support at 86806.5 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Furthermore a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 111250.01 |
| 2nd High | 107500 |
| Next High | 94789.08 |
| Current Price | 91176.470000000 |
| Next Low | 86806.5 |
| 2nd Low | 86420 |
| 3rd Low | 84450.01 |
94789.08 – 90406.08 – 89049.86 – 86806.5 – 86420 – 87600.04 — 41.852165579327 – 48.551562381426 — 27.978243490884 – 44.308602460704 – 30.606688929374 – 35.175959717648
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Double top retreat up – –