BTC/USDT – 30M – SELLThe combination Bitcoin/Tether (BTC/USDT) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 93578.170000000 is certain.
Caution: A possible change in the direction of the resistance zone at 96950.000000000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 94768.03952 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 96950.000000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98619.990000000 |
| 2nd High | 97234.020000000 |
| Next High | 96950.000000000 |
| Current Price | 95004.010000000 |
| Next Low | 93578.170000000 |
| 2nd Low | 92847.840000000 |
| 3rd Low | 90791.100000000 |