BTC/USDT – 30M – SELLThe currency pair Bitcoin/Tether (BTC/USDT) goes from the bullish trendline down.
A descending movement downwards to the next support at 117859.980000000 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 119540.010000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘RSI cross above 70’ indicator signal is detected. The indicator is ‘RSI cross above 70’. this is usually a bullish chart signal. The pair is likely to go up.
Moreover a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120820.710000000 |
| 2nd High | 120247.800000000 |
| Next High | 119540.010000000 |
| Current Price | 119280.870000000 |
| Next Low | 117859.980000000 |
| 2nd Low | 117825.500000000 |
| 3rd Low | 117304.460000000 |
119540.010000000 – 118438.830000000 – 118297.350000000 – 117859.980000000 – 117825.500000000 – 117304.460000000 — 57.281928311284 – 53.866071564535