BTC/USDT – 1H – SELLThe combination goes from the ascending trendline down.
A descent downwards to the next support level at 66644.180000000 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 67836.010000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 66571.42 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 67836.010000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 69519.520000000 |
| Next High | 67836.010000000 |
| Current Price | 66852.340000000 |
| Next Low | 66644.180000000 |
| 2nd Low | 66571.420000000 |
| 3rd Low | 64800.010000000 |