BTC/USDT – 4H – SELLThe pair moves from the bullish trendline downwards
A bearish descent downwards to the next support level at 59828.110000000 will persist.
Caution: A possible change in the direction of the resistance zone at 66498.000000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 59420.3058 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 66498.000000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 66498.000000000 |
| Current Price | 61878.030000000 |
| Next Low | 59828.110000000 |
| 2nd Low | 57493.300000000 |
| 3rd Low | 55545.190000000 |