Sell BTC/USDT – 30M – SELL

Furthermore a ‘Double bottom retreat down’ chart formation is discovered. The formation shows ‘Double bottom retreat down’. this is a bearish pattern signal. The pair is likely to go down.

The pair Bitcoin/Tether (BTC/USDT) moves from the bullish trendline down.

A bearish descent down to the next support level at 117550.000000000 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 120820.710000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Furthermore a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 123218.000000000
2nd High 120998.710000000
Next High 120820.710000000
Current Price 119546.560000000
Next Low 117550.000000000
2nd Low 116128.000000000
3rd Low 115736.920000000

117950.000000000 – 119233.710000000 – 119676.730000000 – 117550.000000000 – 116128.000000000 – 116467.020000000

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