BTC/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 100872.5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 102540.000000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Line Strike – Bearish’ candlestick chart pattern is found. The candles show ‘Three Line Strike – Bearish’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 104088.000000000 |
| 2nd High | 103550.000000000 |
| Next High | 102540.000000000 |
| Current Price | 101266.000000000 |
| Next Low | 99700.000000000 |
| 2nd Low | 99205.000000000 |
| 3rd Low | 95658.240000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Line Strike – Bearish