The pair Bitcoin/Tether (BTC/USDT) goes from the descending trendline downwards
A continuation of the downward movement down to the next support at 103500.000000000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 105226.170000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The pair is likely to go down.
Besides a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
Support & Resistance | Price Range* |
---|---|
3rd High | 105550.270000000 |
2nd High | 105325.830000000 |
Next High | 105226.170000000 |
Current Price | 104892.860000000 |
Next Low | 103500.000000000 |
2nd Low | 103371.020000000 |
3rd Low | 102664.310000000 |
105226.170000000 – 105325.830000000 – 105550.270000000 – 103500.000000000 – 103371.020000000 – 106115.350000000