BTC/USDT – 1H – BUYThe pair goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 62370.560000000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 60753.970000000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 63209.89072 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of resistance at 62370.560000000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 64130.630000000 |
| 2nd High | 62484.850000000 |
| Next High | 62370.560000000 |
| Current Price | 62058.000000000 |
| Next Low | 60753.970000000 |
| 2nd Low | 59828.110000000 |
| 3rd Low | 59174.800000000 |