BTC/USDT – 1H – SELLThe currency pair Bitcoin/Tether (BTC/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 92600.190000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 98871.800000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 99588.010000000 |
| Next High | 98871.800000000 |
| Current Price | 93785.710000000 |
| Next Low | 92600.190000000 |
| 2nd Low | 90975.800000000 |
| 3rd Low | 89376.900000000 |