BTC/USDT – 30M – SELLThe combination jumps from the descending trendline downwards
A continuation of the downward movement down to the next support at 58946.000000000 is certain.
Caution: A possible change in the direction of the resistance zone at 63388.000000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 61213 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 63388.000000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 64478.190000000 |
| 2nd High | 63480.000000000 |
| Next High | 63388.000000000 |
| Current Price | 62055.000000000 |
| Next Low | 58946.000000000 |
| 2nd Low | 57493.300000000 |
| 3rd Low | 57345.230000000 |