The combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance line at 68169.65 is considered certain.
Caution: A possible counter-trend in the direction of support at 65000 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 72026.09 |
| 2nd High | 71594.11 |
| Next High | 68169.65 |
| Current Price | 66655.940000000 |
| Next Low | 65000 |
| 2nd Low | 63030 |
| 3rd Low | 62510.28 |
68169.65 – 66988.01 – 67130.5 – 65000 – 66158.26 – 66281.4 —
67896.890000000 – 66664.570000000 —
54.269122253013 – 31.329223273846 —
– —
68169.65 – 1774875600