The combination Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline down.
A descending movement down to the next support at 90128.44 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 92082.55 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘RSI fall below 70’ indicator signal is existing. The indicator is ‘RSI fall below 70’. this is usually a bearish chart scenario. The currency pair is likely to fall.
There is also a ‘%K crosses below %D’ indicator signal is existing. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 107500 |
| 2nd High | 94789.08 |
| Next High | 92082.55 |
| Current Price | 95985.100000000 |
| Next Low | 90128.44 |
| 2nd Low | 89311 |
| 3rd Low | 86806.5 |
92082.55 – 94789.08 – 90406.08 – 90128.44 – 89311 – 86806.5 — 73.622515045053 – 65.186121990532 — 91.316966984078 – 77.773017047741 – 86.023721384364 – 84.971861895247