BTC/USDT – 1H – SELLThe pair moves from the ascending trendline downwards
A descent down to the next support at 62670.000000000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 66076.120000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 63243.90498 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 66076.120000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 66498.000000000 |
| Next High | 66076.120000000 |
| Current Price | 63541.010000000 |
| Next Low | 62670.000000000 |
| 2nd Low | 62357.930000000 |
| 3rd Low | 62350.000000000 |