Common data:
Current price: 69310.20 USDT
Daily change: +184.10 (0.27%)
Main support and resistance levels:
Support: 68130.90 USDT 🟢, 68662.60 USDT 🟢
Resistance: 69127.95 USDT 🟡, 69546.63 USDT 🟠, 71534.76 USDT 🟤, 74970.27 USDT 🔴
Technical indicators:
Moving averages:
MA (99 days): 68862.86 USDT
Parabolic SAR indicator: 69546.63 USDT
Ichimoku indicator: The price is above the Ichimoku cloud, indicating a possible upward trend.
Trend lines:
Uptrend: The chart shows that the price is forming an ascending triangle, which is a bullish pattern.
Downtrend: There is also a downtrend line, which is resistance.
Oscillators:
Trend Strength Index (14): The indicator is not shown on the chart, but the current trend is weak upward.
Volumes:
Current trading volume: 4.707K, which indicates low trading activity at this level.
Conclusion and recommendations:
The BTC/USDT chart shows potential for growth if the resistance level 69546.63 USDT is broken. Under favorable conditions, further growth is possible to the levels of 71534.76 USDT and 74970.27 USDT. 🚀
💡 Tip: Set stop losses below the support level of 68130.90 USDT to minimize risks.
🚀 Upside: Keep an eye on the 69546.63 USDT level and prepare for possible breaks higher.