BTC/USDT – 30M – SELLThe pair goes from the descending trendline downwards
A continuation of the downtrend down to the next support line at 53814.010000000 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 54722.850000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 58519.000000000 |
| 2nd High | 54850.000000000 |
| Next High | 54722.850000000 |
| Current Price | 54149.500000000 |
| Next Low | 53814.010000000 |
| 2nd Low | 53611.100000000 |
| 3rd Low | 49542.830000000 |