BTC/USDT – 1H – SELLThe combination Bitcoin/Tether (BTC/USDT) goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 76971.52 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.
Next a ‘StochRSI Hidden Bearish Divergence’ indicator signal is existing. The indicator is ‘StochRSI Hidden Bearish Divergence’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84621.16 |
| 2nd High | 79360 |
| Next High | 76971.52 |
| Current Price | 69958.000000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
76971.52 – 79360 – 84621.16 – 60000 – 72945.5 – 77644.09 —
69192.000000000 – 71577.090000000 —
59.057359687605 – 64.90984171192 —
– —
76971.52 – 1770174000