Sell BTC/USDT – 30M – SELL

The currency pair Bitcoin/Tether (BTC/USDT) moves from the descending trendline downwards

A continuation of the bearish trend downwards to the next support level at 72945.5 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 76971.52 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 74318.203 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 76971.52 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 79186.81
2nd High 79084.29
Next High 76971.52
Current Price 74867.000000000
Next Low 72945.5
2nd Low
3rd Low

76971.52 – 79084.29 – 79186.81 – 72945.5 – 77644.09 – 77888 —
76607.690000000 – 76260.000000000 —
46.699928916424 – 48.38498610547 —
– —
76971.52 – 1770175800

Trading Signals:

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