The currency pair Bitcoin/Tether (BTC/USDT) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support at 76459.64 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 78265.34 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84621.16 |
| 2nd High | 79485.66 |
| Next High | 78265.34 |
| Current Price | 77084.680000000 |
| Next Low | 76459.64 |
| 2nd Low | 74821.57 |
| 3rd Low | 74702 |
78265.34 – 79485.66 – 78210 – 76459.64 – 77465.05 – 77843.75 —
76960.430000000 – 77478.000000000 —
40.282907213461 – 54.348377069857 —
– —
78265.34 – 1777300200