BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
An ascent upwards to the next resistance at 73939.19 will persist.
Caution: A possible trend reversal in the direction of the support line at 72582.82 could occur.
Consider stop-loss settings accordingly.
Next a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will persist. Target of the current trend is 73329.37826 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 73939.19 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 76071.41 |
| 2nd High | 73949.22 |
| Next High | 73939.19 |
| Current Price | 73670.000000000 |
| Next Low | 72582.82 |
| 2nd Low | 70566.99 |
| 3rd Low | 70505.88 |
73939.19 – 73949.22 – 73616 – 73189.11 – 72582.82 – 72728.85 —
73749.530000000 – 73198.170000000 —
50.383428352788 – 29.964435156345 —
– —
73939.19 – 1780034400