BTC/USDT – 1H – SELLCorrection of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 57031.4516 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 58044.360000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 58519.000000000 |
| 2nd High | 58088.000000000 |
| Next High | 58044.360000000 |
| Current Price | 57930.410000000 |
| Next Low | 55545.190000000 |
| 2nd Low | 53629.010000000 |
| 3rd Low | 53611.100000000 |