BTC/USDT – 30M – SELLThe currency pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline down.
A bearish movement down to the next support level at 98657.700000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 100500.000000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 98140 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 100500.000000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 104088.000000000 |
| 2nd High | 103550.000000000 |
| Next High | 100500.000000000 |
| Current Price | 99656.360000000 |
| Next Low | 98657.700000000 |
| 2nd Low | 97622.860000000 |
| 3rd Low | 90500.000000000 |