BTC/USDT – 1H – SELLThe currency pair goes from the bullish trendline down.
A descending movement downwards to the next support at 66644.180000000 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 69519.520000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 66571.42 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 69519.520000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 69519.520000000 |
| Current Price | 67082.100000000 |
| Next Low | 66644.180000000 |
| 2nd Low | 66571.420000000 |
| 3rd Low | 64800.010000000 |