BTC/USDT – 4H – SELLThe pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 94012.45 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 107500 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 116400 |
| 2nd High | 111250.01 |
| Next High | 107500 |
| Current Price | 91874.520000000 |
| Next Low | 94012.45 |
| 2nd Low | 74620 |
| 3rd Low |
107500 – 111250.01 – 116400 – 94012.45 – 99260.86 – 98944.36 — 41.682441844525 – 37.723652074503 — 96.475894702249 – 87.447744774477 – 74.028164222857 – 87.798201708851