BTC/USDT – 1H – BUYThe pair jumps from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance at 64817.990000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 62731.100000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 63583.995 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 64817.990000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 65524.010000000 |
| 2nd High | 65000.000000000 |
| Next High | 64817.990000000 |
| Current Price | 63353.990000000 |
| Next Low | 62731.100000000 |
| 2nd Low | 62357.930000000 |
| 3rd Low | 62350.000000000 |