The combination Bitcoin/Tether (BTC/USDT) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 89946.13 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 90574 |
| 2nd High | 90340 |
| Next High | 89946.13 |
| Current Price | 89332.780000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
89946.13 – 90340 – 90574 – 88515.37 – 87263.53 – 87895.98 —
89924.780000000 – 89686.400000000 —
57.129159625171 – 49.911916947561 —
– —
89946.13000 – 1769112000