BTC/USDT – 30M – SELLThe pair moves from the ascending trendline downwards
A bearish trend downwards to the next support line at 62457.810000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 66299.930000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will continue. Current target is 65296.94652 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 66299.930000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 66849.240000000 |
| 2nd High | 66498.000000000 |
| Next High | 66299.930000000 |
| Current Price | 66083.990000000 |
| Next Low | 62457.810000000 |
| 2nd Low | 62050.000000000 |
| 3rd Low | 58946.000000000 |