The combination Bitcoin/Tether (BTC/USDT) goes from the ascending trendline downwards
A descent down to the next support line at 88722.000000000 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 92300.000000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 91227.2502 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 92300.000000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 92300.000000000 |
Current Price | 91403.120000000 |
Next Low | 88722.000000000 |
2nd Low | 87754.450000000 |
3rd Low | 86668.210000000 |