BTC/USDT – 4H – SELLThe pair Bitcoin/Tether (BTC/USDT) goes from the bullish trendline down.
A bearish descent downwards to the next support level at is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 113384.620000000 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117429.050000000 |
| 2nd High | 113485.900000000 |
| Next High | 113384.620000000 |
| Current Price | 111632.000000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
113384.620000000 – 113485.900000000 – 117429.050000000 – 109977.000000000 – 109329.120000000 – 107255.000000000 — 58.520818522546 – 51.575496313444
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Rising Wedge Chart Pattern – –