BTC/USDT – 1H – SELLThe currency pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline downwards
A bearish descent downwards to the next support line at 114259.000000000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 118922.450000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘RSI fall below 70’ indicator layout is existing. The indicator shows ‘RSI fall below 70’. which could be a negative chart scenario. The pair is likely to go down.
Moreover a ‘StochRSI fall below 80’ indicator layout is existing. The indicator shows ‘StochRSI fall below 80’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 119800.000000000 |
| 2nd High | 119273.360000000 |
| Next High | 118922.450000000 |
| Current Price | 118045.000000000 |
| Next Low | 114259.000000000 |
| 2nd Low | 112650.000000000 |
| 3rd Low | 111920.000000000 |
117944.050000000 – 115716.000000000 – 115720.000000000 – 114259.000000000 – 112650.000000000 – 114121.000000000 — 76.108482821269 – 67.563878618252
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Rising Wedge Chart Pattern – –