BTC/USDT – 1H – SELLThe pair goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support at 67478.730000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 69500.000000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 67478.73 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 69500.000000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 73620.120000000 |
| 2nd High | 72961.000000000 |
| Next High | 69500.000000000 |
| Current Price | 68394.010000000 |
| Next Low | 67478.730000000 |
| 2nd Low | 66744.000000000 |
| 3rd Low | 65596.290000000 |