BTC/USDT – 30M – SELLThe currency pair jumps from the bullish trendline downwards
A descent downwards to the next support level at 62731.100000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 64817.990000000 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 62884.38284 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 64817.990000000 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 65524.010000000 |
| 2nd High | 65000.000000000 |
| Next High | 64817.990000000 |
| Current Price | 63153.510000000 |
| Next Low | 62731.100000000 |
| 2nd Low | 62357.930000000 |
| 3rd Low | 62350.000000000 |