The currency pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline downwards
A continuation of the downtrend down to the next support level at 113355.130000000 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 114417.020000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair is likely to fall.
And also a ‘StochRSI cross above 20’ indicator layout is discovered. The indicator shows ‘StochRSI cross above 20’. which could be a negative signal. The currency pair is likely to fall.
And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.
And also a ‘Southern Doji’ candle pattern is existing. The chart forms ‘Southern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 115340.000000000 |
| 2nd High | 115096.730000000 |
| Next High | 114417.020000000 |
| Current Price | 113904.000000000 |
| Next Low | 113355.130000000 |
| 2nd Low | 112650.000000000 |
| 3rd Low | 111920.000000000 |
114417.020000000 – 114228.880000000 – 115096.730000000 – 113355.130000000 – 112650.000000000 – 114121.000000000 — 48.423523496496 – 48.152054925955
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Southern Doji – – –