The combination Bitcoin/Tether (BTC/USDT) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at 116359.890000000 will continue.
Caution: A possible change in the direction of the resistance zone at 124474.000000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 124474.000000000 |
| Current Price | 117855.000000000 |
| Next Low | 116359.890000000 |
| 2nd Low | 114259.000000000 |
| 3rd Low | 113579.900000000 |
124474.000000000 – 120324.430000000 – 119275.460000000 – 118920.920000000 – 118207.470000000 – 118050.110000000 — 29.095915209977 – 28.689442177229