BTC/USDT – 30M – SELLThe pair Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline downwards
The bearish trend down to the next support at 92407.13 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 94789.08 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 92826.275 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 94789.08 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 96635.11 |
| 2nd High | 96043 |
| Next High | 94789.08 |
| Current Price | 92850.610000000 |
| Next Low | 92407.13 |
| 2nd Low | 92155 |
| 3rd Low | 90863.47 |
94789.08 – 93388 – 89120.01 – 93137.98 – 92407.13 – 92155 — 48.166837877006 – 36.986059446327 — 43.385509824874 – 27.153407537137 – 63.040589687734 – 47.87279352091
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Symmetrical Triangle Chart Pattern – –