BTC/USDT – 30M – SELLThe currency pair jumps from the bullish trendline down.
A descending movement downwards to the next support line at 62856.300000000 is considered certain.
Caution: A possible change in the direction of the resistance level at 64130.630000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 62856.3 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 64130.630000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 66260.000000000 |
| 2nd High | 66076.120000000 |
| Next High | 64130.630000000 |
| Current Price | 62866.800000000 |
| Next Low | 62856.300000000 |
| 2nd Low | 62670.000000000 |
| 3rd Low | 62357.930000000 |