The combination Bitcoin/Tether (BTC/USDT) moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 62829.81 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 63863.98 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.
Then a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 64200 |
| 2nd High | 63933.02 |
| Next High | 63863.98 |
| Current Price | 63463.190000000 |
| Next Low | 62829.81 |
| 2nd Low | 62348 |
| 3rd Low | 61104.24 |
63863.98 – 63933.02 – 63257.21 – 62829.81 – 62348 – 61104.24 —
63211.740000000 – 63884.000000000 —
43.694397822942 – 59.509639125641 —
– —
63863.98 – 1781238600