XBT on the 4hr has dropped below a key level @10426, previous level used for support and resistance, now shorting until next level for support.
Higher lows, lower lows, overall trend bearish, top of the channel which matches with the fib 61.8.
Lower highs, lower lows, 50% fib region coinciding with overall trend line. Expected to fall to support @ 146.7
Overall trend going higher, higher highs and higher lows, support bounced off at 132.00 which coincides with 61.8 fib.
Overall trend going higher, higher highs and higher lows, support at 132.00 level coinciding with 61.8 which has already bounced off the support line
Resistance @12500, Trend line overall bearish. Lower highs. Fib 61.8 level retracement. MA 20 looking to cross under 50 MA
Overall trend going down according to trend lines and the market below the 200 EMA, but possibly coming up for retracement.