The combination Bitcoin/Tether (BTC/USDT) moves from the ascending trendline downwards
A descending movement down to the next support level at 92407.13 will continue.
Caution: A possible change in the direction of the resistance level at 96043 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 96846.68 |
| 2nd High | 96635.11 |
| Next High | 96043 |
| Current Price | 93996.970000000 |
| Next Low | 92407.13 |
| 2nd Low | 92155 |
| 3rd Low | 90863.47 |
93388 – 89120.01 – 88088.1 – 92407.13 – 92155 – 90863.47 — 57.659208285461 – 54.705162868488 — 21.075995188575 – 17.004625490334 – 16.046435607235 – 17.300030022919