The combination Bitcoin/Tether (BTC/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support level at will persist.
Caution: A possible change in the direction of the resistance zone at 71751.33 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 79360 |
| 2nd High | 76971.52 |
| Next High | 71751.33 |
| Current Price | 69099.990000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
71751.33 – 76971.52 – 79360 – 68531.5 – 60000 – 72945.5 —
69690.890000000 – 69500.000000000 —
51.389024343466 – 50.470333605579 —
– —
71751.33 – 1770418800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Double top chart pattern – –