BTC/USDT – 1H – BUYThe currency pair breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 65524.010000000 is expected.
Caution: A possible trend reversal in the direction of the support level at 62670.000000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 64817.99 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 65524.010000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 65659.780000000 |
| Next High | 65524.010000000 |
| Current Price | 65338.000000000 |
| Next Low | 62670.000000000 |
| 2nd Low | 62357.930000000 |
| 3rd Low | 62350.000000000 |