BTC/USDT – 1H – SELLThe pair jumps from the ascending trendline downwards
The bearish trend down to the next support level at 60164.000000000 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 64130.630000000 could occur.
Consider stop-loss settings accordingly.
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 60164 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 64130.630000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 66498.000000000 |
| 2nd High | 66076.120000000 |
| Next High | 64130.630000000 |
| Current Price | 60190.010000000 |
| Next Low | 60164.000000000 |
| 2nd Low | 59174.800000000 |
| 3rd Low | 57493.300000000 |