Sell BTC/USDT – 1H – SELL

Additionally a ‘Double bottom retreat down’ chart formation is discovered. The chart shows ‘Double bottom retreat down’. which is a negative chart scenario. The currency pair is likely to go down.

Additionally a ‘RSI fall below 70’ indicator signal is detected. The indicator is ‘RSI fall below 70’. which could be a negative chart signal. The currency pair is likely to fall.

Additionally a ‘Bearish Harami’ candlestick chart pattern is existing. The candles form ‘Bearish Harami’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 120998.710000000
2nd High 120247.800000000
Next High 119450.000000000
Current Price 119415.550000000
Next Low 114723.160000000
2nd Low 107429.570000000
3rd Low 107245.000000000

119450.000000000 – 119273.360000000 – 120247.800000000 – 114723.160000000 – 117103.100000000 – 117301.000000000 — 71.989513276351 – 69.661701552772

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