BTC/USDT – 1H – SELLThe currency pair Bitcoin/Tether (BTC/USDT) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 115796.230000000 is expected.
Caution: A possible change in the direction of resistance at 118922.450000000 could happen.
Consider stop-loss settings accordingly.
In addition a ‘RSI cross above 30’ indicator signal is existing. The indicator shows ‘RSI cross above 30’. which could be a positive signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 119800.000000000 |
| 2nd High | 119273.360000000 |
| Next High | 118922.450000000 |
| Current Price | 115081.770000000 |
| Next Low | 115796.230000000 |
| 2nd Low | 114723.160000000 |
| 3rd Low | 107429.570000000 |
118922.450000000 – 118792.000000000 – 119273.360000000 – 115796.230000000 – 116950.750000000 – 117427.500000000 — 27.134381353051 – 26.669938452387
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Triple top chart pattern –