The currency pair Bitcoin/Tether (BTC/USDT) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support at is certain.
Caution: A possible counter-trend in the direction of the resistance line at 78479.37 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 78662.5 |
| 2nd High | 78581.93 |
| Next High | 78479.37 |
| Current Price | 77557.140000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
78479.37 – 78581.93 – 78662.5 – 77264.08 – 76960 – 74821.57 —
77711.870000000 – 77885.350000000 —
48.394360149132 – 53.523964942544 —
– —
78479.37 – 1777035600