BTC/USDT – 30M – SELLThe currency pair Bitcoin/Tether (BTC/USDT) goes from the descending trendline down.
A continuation of the downward movement down to the next support level at is expected.
Caution: A possible change in the direction of the resistance line at 116121.810000000 could occur.
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 existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117995.370000000 |
| 2nd High | 117900.000000000 |
| Next High | 116121.810000000 |
| Current Price | 115767.050000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
116121.810000000 – 115985.200000000 – 115730.410000000 – 115408.470000000 – 115100.000000000 – 116612.030000000 — 48.605198400153 – 47.679394864431