Sell BTC/USDT – 1H – SELL

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 58085.095 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 60395.800000000 could occur.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 61166.990000000
2nd High 60625.000000000
Next High 60395.800000000
Current Price 58666.360000000
Next Low 57632.620000000
2nd Low 57345.230000000
3rd Low 55545.190000000

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