The pair Bitcoin/Tether (BTC/USDT) moves from the bullish trendline down.
A bearish movement down to the next support level at 69205.91 will persist.
Caution: A possible change in the direction of the resistance zone at 74893.94 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 68977.91 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 74893.94 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 79360 |
| 2nd High | 76971.52 |
| Next High | 74893.94 |
| Current Price | 69952.750000000 |
| Next Low | 69205.91 |
| 2nd Low | 68977.91 |
| 3rd Low | 65618.49 |
74893.94 – 74451.03 – 73913.74 – 70500 – 70317 – 69205.91 —
71252.830000000 – 70560.910000000 —
32.450337465967 – 35.408548323993 —
– —
74893.94 – 1773759600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Symmetrical Triangle Chart Pattern – –