BTC/USDT – 30M – SELLThe currency pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline downwards
A bearish descent down to the next support line at 62348 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 63863.98 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will persist. Target of the current trend is 63252.92372 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support zone at 63863.98 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 64200 |
| 2nd High | 63933.02 |
| Next High | 63863.98 |
| Current Price | 63618.810000000 |
| Next Low | 62348 |
| 2nd Low | 61104.24 |
| 3rd Low | 60755 |
63863.98 – 63933.02 – 63257.21 – 62348 – 61104.24 – 60755 —
63500.000000000 – 63789.030000000 —
48.767953456238 – 59.246121878185 —
– —
63863.98 – 1781238600