The combination Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 79199.48 is likely expected.
Caution: A possible change in the direction of support at 78084.08 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ” indicator layout is found. The indicator shows ”. this is usually a bullish chart signal. The currency pair is likely to rise.
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Moreover 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 chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84621.16 |
| 2nd High | 79485.66 |
| Next High | 79199.48 |
| Current Price | 79177.290000000 |
| Next Low | 78084.08 |
| 2nd Low | 74937.52 |
| 3rd Low | 74821.57 |
79199.48 – 78914.12 – 76669.14 – 78084.08 – 74937.52 – 75666.6 —
78769.630000000 – 79268.000000000 —
59.580289360707 – 66.035478028271 —
– —
79199.48 – 1777755600