BTC/USDT – 4H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 56298.8804 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 60625.000000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 70079.990000000 |
| 2nd High | 65000.000000000 |
| Next High | 60625.000000000 |
| Current Price | 58666.360000000 |
| Next Low | 55545.190000000 |
| 2nd Low | 53629.010000000 |
| 3rd Low | 53611.100000000 |