BTC/USDT – 1H – BUYThe pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 77904.93 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 74937.52 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 77211.59 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 77904.93 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84621.16 |
| 2nd High | 79485.66 |
| Next High | 77904.93 |
| Current Price | 76343.230000000 |
| Next Low | 74937.52 |
| 2nd Low | 74821.57 |
| 3rd Low | 73724.31 |
77904.93 – 79485.66 – 78210 – 74937.52 – 75666.6 – 76459.64 —
75994.260000000 – 76163.520000000 —
44.227015128062 – 48.075166702204 —
– —
77904.93 – 1777456800