The combination Bitcoin/Tether (BTC/USDT) moves from the ascending trendline downwards
A bearish movement down to the next support level at 61108.99 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 63239.06 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ” indicator signal is detected. The indicator shows ”. this is usually a bearish chart signal. The currency pair could go down.
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Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 66445.93 |
| 2nd High | 65622.83 |
| Next High | 63239.06 |
| Current Price | 62870.000000000 |
| Next Low | 61108.99 |
| 2nd Low | 60104 |
| 3rd Low | 59588 |
62750 – 62200 – 61121.78 – 61108.99 – 60104 – 59588 —
62563.840000000 – 63075.460000000 —
60.997428499499 – 73.179482835621 —
– —
62750 – 1783135800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Rising Wedge Chart Pattern – –