The currency pair Bitcoin/Tether (BTC/USDT) moves from the bullish trendline downwards
A descent down to the next support at 117859.980000000 will persist.
Caution: A possible trend reversal in the direction of resistance at 119540.010000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘RSI cross above 70’ indicator signal is detected. The indicator shows ‘RSI cross above 70’. which could be a positive chart signal. The currency pair is likely to rise.
And also a ‘Resistance Level’ indicator layout is detected. 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 | 120820.710000000 |
| 2nd High | 120247.800000000 |
| Next High | 119540.010000000 |
| Current Price | 119448.020000000 |
| Next Low | 117859.980000000 |
| 2nd Low | 117825.500000000 |
| 3rd Low | 117304.460000000 |
119540.010000000 – 118438.830000000 – 118297.350000000 – 117859.980000000 – 117825.500000000 – 117304.460000000 — 57.837895285254 – 56.628755239288
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Double bottom chart pattern –