BTC/USDT – 1H – SELLThe combination Bitcoin/Tether (BTC/USDT) goes from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 66547.15 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 68200 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 74050 |
| 2nd High | 73558.15 |
| Next High | 68200 |
| Current Price | 67020.010000000 |
| Next Low | 66547.15 |
| 2nd Low | 66158 |
| 3rd Low | 65259.21 |
68200 – 73558.15 – 74050 – 66547.15 – 67446.41 – 67744.78 —
67650.940000000 – 67485.240000000 —
44.985566160932 – 49.001913340521 —
– —
68200 – 1772964000