BTC/USDT – 30M – SELLThe combination jumps from the ascending trendline down.
A bearish movement down to the next support at 56502.310000000 is expected.
Caution: A possible trend reversal in the direction of resistance at 58044.360000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 58519.000000000 |
| 2nd High | 58088.000000000 |
| Next High | 58044.360000000 |
| Current Price | 56566.000000000 |
| Next Low | 56502.310000000 |
| 2nd Low | 56386.400000000 |
| 3rd Low | 54804.000000000 |