BTC/USDT – 30M – SELLThe pair Bitcoin/Tether (BTC/USDT) moves from the ascending trendline downwards
A descending movement downwards to the next support at 113155.030000000 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 114459.650000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 113588.10436 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 114459.650000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 115666.680000000 |
| 2nd High | 114917.100000000 |
| Next High | 114459.650000000 |
| Current Price | 114180.310000000 |
| Next Low | 113155.030000000 |
| 2nd Low | 110917.450000000 |
| 3rd Low | 110766.660000000 |
114459.650000000 – 114313.130000000 – 111745.690000000 – 113155.030000000 – 110917.450000000 – 110766.660000000 — 55.416529106261 – 51.64474463721