BTC/USDT – 4H – SELLThe combination jumps from the descending trendline down.
A continuation of the downtrend down to the next support at 53611.100000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 59809.650000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 70079.990000000 |
| 2nd High | 65000.000000000 |
| Next High | 59809.650000000 |
| Current Price | 56982.010000000 |
| Next Low | 53611.100000000 |
| 2nd Low | 49000.000000000 |
| 3rd Low |