The currency pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline downwards
The bearish trend down to the next support at 80725.09 will persist.
Caution: A possible change in the direction of resistance at 81708.32 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.
Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.
Furthermore a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The currency pair could go down.
Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 80527.76 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 81708.32 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84621.16 |
| 2nd High | 82850 |
| Next High | 81708.32 |
| Current Price | 80503.680000000 |
| Next Low | 80725.09 |
| 2nd Low | 80527.76 |
| 3rd Low | 79744.91 |
81708.32 – 82850 – 81760.84 – 80725.09 – 81136 – 80731.14 —
81231.250000000 – 81180.000000000 —
43.586353250076 – 50.860539922623 —
– —
81708.32 – 1778139000