BTC/USDT – 30M – SELLThe pair goes from the ascending trendline down.
A bearish movement down to the next support line at 60000.000000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 61477.190000000 should be noted.
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 likely expected. Target of the current trend is 60000 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 61477.190000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 64130.630000000 |
| 2nd High | 62390.310000000 |
| Next High | 61477.190000000 |
| Current Price | 60354.000000000 |
| Next Low | 60000.000000000 |
| 2nd Low | 59174.800000000 |
| 3rd Low | 57493.300000000 |