The currency pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at is certain.
Caution: A possible change in the direction of resistance at 119450.000000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.
And also a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120998.710000000 |
| 2nd High | 120247.800000000 |
| Next High | 119450.000000000 |
| Current Price | 117304.470000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
119450.000000000 – 119273.360000000 – 120247.800000000 – 114723.160000000 – 117103.100000000 – 117301.000000000 — 53.357458563216 – 52.668237035568
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – –