BTC/USDT – 4H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 59305.55 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 65000.000000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 70079.990000000 |
| Next High | 65000.000000000 |
| Current Price | 62082.000000000 |
| Next Low | 57493.300000000 |
| 2nd Low | 55545.190000000 |
| 3rd Low | 53629.010000000 |