The combination Bitcoin/Tether (BTC/USDT) moves from the ascending trendline downwards
A bearish descent downwards to the next support line at 90863.47 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 96043 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘RSI fall below 70’ indicator signal is found. The indicator is ‘RSI fall below 70’. which is often a bearish chart scenario. The currency pair is likely to fall.
There is also a ‘%K crosses below %D’ indicator signal is found. The indicator is ‘%K crosses below %D’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 105333.33 |
| 2nd High | 96635.11 |
| Next High | 96043 |
| Current Price | 94177.990000000 |
| Next Low | 90863.47 |
| 2nd Low | 87250 |
| 3rd Low | 86806.5 |
93388 – 88088.1 – 89200 – 90863.47 – 87250 – 86806.5 — 72.016927282159 – 69.374531871035 — 90.724588696063 – 77.901578458682 – 81.981747914084 – 83.754872795405