BTC/USDT – 1H – BUYThe currency pair jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 72961.000000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 67864.160000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 69222.56656 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 72961.000000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 73620.120000000 |
| Next High | 72961.000000000 |
| Current Price | 68152.010000000 |
| Next Low | 67864.160000000 |
| 2nd Low | 66744.000000000 |
| 3rd Low | 65596.290000000 |