BTC/USDT – 1H – SELLThe currency pair jumps from the bullish trendline downwards
A bearish descent downwards to the next support level at 62670.000000000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 64817.990000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 64235.54436 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 64817.990000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 65524.010000000 |
| 2nd High | 65000.000000000 |
| Next High | 64817.990000000 |
| Current Price | 64664.260000000 |
| Next Low | 62670.000000000 |
| 2nd Low | 62357.930000000 |
| 3rd Low | 62350.000000000 |