The pair Bitcoin/Tether (BTC/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support at 87304.33 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 89523.16 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 91224.99 |
| 2nd High | 89957.39 |
| Next High | 89523.16 |
| Current Price | 89134.350000000 |
| Next Low | 87304.33 |
| 2nd Low | 87035.51 |
| 3rd Low | 86845.66 |
89523.16 – 89010 – 89957.39 – 87304.33 – 87035.51 – 89162.08 —
89311.870000000 – 89400.000000000 —
53.421289229518 – 58.330092568292 —
– —
89523.16000 – 1769547600