BTC/USDT – 30M – SELL

The combination Bitcoin/Tether (BTC/USDT) goes from the bullish trendline down.

A bearish descent downwards to the next support line at 99205.000000000 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 102540.000000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 100872.5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 102540.000000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Download BTC/USDT Signal Image

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows