The combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
A bullish movement upwards to the next resistance line at 89946.13 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 88515.37 is within the realm of possibility.
Consider stop-loss settings accordingly.
Additionally a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which could be a positive signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 90574 |
| 2nd High | 90340 |
| Next High | 89946.13 |
| Current Price | 89642.220000000 |
| Next Low | 88515.37 |
| 2nd Low | 87263.53 |
| 3rd Low | 87250 |
89946.13 – 90340 – 90574 – 88515.37 – 87263.53 – 87895.98 —
89832.340000000 – 89799.360000000 —
51.863190294751 – 45.196664156243 —
– —
89946.13000 – 1769112000