Bitcoin / TetherUS
Short

the downside prevails as long as 66370 is resistance

132
pivot point is at 66370.

preference

The downside prevails as long as 66370 is resistance.

Alternative scenario

The upside breakout of 66370, would call for 74760 and 79760.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 60056 and 61883).

Supports and resistances

79760 **

74760 *

66370 **

63070

58836 last

48890

43980 **

39070 *

34160 **

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