BTC/USDT – 1H – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance at 90574 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 87263.53 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95531.12 |
| 2nd High | 93420 |
| Next High | 90574 |
| Current Price | 89998.910000000 |
| Next Low | 87263.53 |
| 2nd Low | 87250 |
| 3rd Low | 86806.5 |
90574 – 90120.44 – 93420 – 87263.53 – 87895.98 – 91910.2 —
90450.000000000 – 90359.990000000 —
55.912146491381 – 52.358678296355 —
– —
90574.00000 – 1769007600