The pair Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline downwards
A bearish descent down to the next support level at 92407.13 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 96043 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 96846.68 |
| 2nd High | 96635.11 |
| Next High | 96043 |
| Current Price | 93839.100000000 |
| Next Low | 92407.13 |
| 2nd Low | 92155 |
| 3rd Low | 90863.47 |
93388 – 89120.01 – 88088.1 – 92407.13 – 92155 – 90863.47 — 59.426352610251 – 54.103001483233 — 54.47243639473 – 35.037023005463 – 64.320154321171 – 53.31256873673