The combination Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline down.
The bearish trend downwards to the next support level at 67800 is expected.
Caution: A possible counter-trend in the direction of resistance at 71126 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 76971.52 |
| 2nd High | 72271.41 |
| Next High | 71126 |
| Current Price | 68753.700000000 |
| Next Low | 67800 |
| 2nd Low | 60000 |
| 3rd Low |
71126 – 72271.41 – 71554.95 – 67800 – 68682 – 68308 —
69810.350000000 – 69303.990000000 —
53.325111332179 – 47.494871940835 —
– —
71126 – 1770667200