BTC/USDT – 4H – BUYThe pair moves from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 64478.190000000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 59828.110000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 64372.8908 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 64478.190000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 66498.000000000 |
| Next High | 64478.190000000 |
| Current Price | 62272.000000000 |
| Next Low | 59828.110000000 |
| 2nd Low | 57493.300000000 |
| 3rd Low | 55545.190000000 |