BTC/USDT – 1H – SELLThe combination Bitcoin/Tether (BTC/USDT) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support line at 86306.77 is considered certain.
Caution: A possible change in the direction of the resistance zone at 91950 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 93836.01 |
| 2nd High | 93160 |
| Next High | 91950 |
| Current Price | 91433.170000000 |
| Next Low | 86306.77 |
| 2nd Low | 86116 |
| 3rd Low | 85272 |
91950 – 88224 – 89228 – 86306.77 – 86116 – 85272 — 63.153507700978 – 61.376125038753 — 54.249067367161 – 45.847092276647 – 50.043325211176 – 52.798824084439