BTC/USDT – 1H – SELLThe combination Bitcoin/Tether (BTC/USDT) moves from the ascending trendline down.
The bearish trend down to the next support line at is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 123218.000000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 123218.000000000 |
| Current Price | 117070.540000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
123218.000000000 – 118200.000000000 – 118869.980000000 – 116900.050000000 – 116604.870000000 – 107429.570000000