BTC/USDT – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 58519 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance line at 58088.000000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 59809.650000000 |
| 2nd High | 58519.000000000 |
| Next High | 58088.000000000 |
| Current Price | 57952.010000000 |
| Next Low | 53629.010000000 |
| 2nd Low | 53611.100000000 |
| 3rd Low | 49000.000000000 |