BTC/USDT – 4H – SELLThe pair goes from the bearish trendline down.
A continuation of the downward movement down to the next support line at 62670.000000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 66498.000000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 61021.595 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 66498.000000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 66498.000000000 |
| Current Price | 63668.210000000 |
| Next Low | 62670.000000000 |
| 2nd Low | 62357.930000000 |
| 3rd Low | 57493.300000000 |