BTC/USDT – 1H – SELLThe pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 117453.570000000 is expected.
Caution: A possible trend reversal in the direction of resistance at 120998.710000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 123218.000000000 |
| Next High | 120998.710000000 |
| Current Price | 119339.510000000 |
| Next Low | 117453.570000000 |
| 2nd Low | 115736.920000000 |
| 3rd Low | 107429.570000000 |
120998.710000000 – 120063.840000000 – 118490.710000000 – 117453.570000000 – 115736.920000000 – 116900.050000000
Trading Signals: FOREX – BTC – BTC/USDT – USDT – – Triple bottom chart pattern