BTC/USDT – 30M – SELLThe pair Bitcoin/Tether (BTC/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support at 75323.65 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 76669.14 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.
Furthermore a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 75572.54574 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 76669.14 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 78265.34 |
| 2nd High | 77904.93 |
| Next High | 76669.14 |
| Current Price | 76241.780000000 |
| Next Low | 75323.65 |
| 2nd Low | 74937.52 |
| 3rd Low | 74821.57 |
76669.14 – 76473.26 – 77904.93 – 75323.65 – 74937.52 – 76187.75 —
76328.710000000 – 76568.900000000 —
48.869718276945 – 58.72819896732 —
– —
76669.14 – 1777555800