BTC/USDT – 4H – BUYThe pair jumps from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 64478.190000000 is certain.
Caution: A possible trend reversal in the direction of the support level at 58946.000000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 64881.872 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 64478.190000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 66498.000000000 |
| Next High | 64478.190000000 |
| Current Price | 62762.910000000 |
| Next Low | 58946.000000000 |
| 2nd Low | 57493.300000000 |
| 3rd Low | 55545.190000000 |