BTC/USDT – 30M – SELLThe currency pair Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline downwards
A descent down to the next support level at is expected.
Caution: A possible reversal of the trend in the direction of resistance at 116109.000000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 116665.630000000 |
| 2nd High | 116166.710000000 |
| Next High | 116109.000000000 |
| Current Price | 115734.230000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
116109.000000000 – 116166.710000000 – 116665.630000000 – 115127.270000000 – 115576.260000000 – 114740.990000000 — 46.816529073503 – 45.602081260986
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Double bottom chart pattern – –