BTC/USDT – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 94831.45 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 98619.990000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99588.010000000 |
| 2nd High | 98871.800000000 |
| Next High | 98619.990000000 |
| Current Price | 96425.220000000 |
| Next Low | 94640.000000000 |
| 2nd Low | 90791.100000000 |
| 3rd Low | 89376.900000000 |