BTC/USDT – 30M – BUYThe pair breaks through the descending trendline upwards
A bullish trend up to the next resistance at 63559.900000000 will continue.
Caution: A possible counter-trend in the direction of support at 62830.010000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 64133.32 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 63559.900000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 65000.000000000 |
| 2nd High | 64133.320000000 |
| Next High | 63559.900000000 |
| Current Price | 63062.660000000 |
| Next Low | 62830.010000000 |
| 2nd Low | 62350.000000000 |
| 3rd Low | 59174.800000000 |