BTC/USDT – 1H – SELLThe pair jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 60164.000000000 is likely expected.
Caution: A possible change in the direction of the resistance level at 64130.630000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 60164 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 64130.630000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 66498.000000000 |
| 2nd High | 66076.120000000 |
| Next High | 64130.630000000 |
| Current Price | 61188.280000000 |
| Next Low | 60164.000000000 |
| 2nd Low | 59174.800000000 |
| 3rd Low | 57493.300000000 |