The pair Bitcoin/Tether (BTC/USDT) moves from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 112650.000000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 114228.880000000 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘StochRSI fall below 80’ indicator layout is detected. The indicator is ‘StochRSI fall below 80’. which is often a bearish chart signal. The currency pair could go down.
Also there is a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 115340.000000000 |
| 2nd High | 115096.730000000 |
| Next High | 114228.880000000 |
| Current Price | 114069.350000000 |
| Next Low | 112650.000000000 |
| 2nd Low | 111920.000000000 |
| 3rd Low | 107429.570000000 |
114228.880000000 – 115096.730000000 – 115340.000000000 – 112650.000000000 – 114121.000000000 – 114148.580000000 — 57.696685937284 – 53.774875938495