BTC/USDT – 4H – SELLThe combination Bitcoin/Tether (BTC/USDT) goes from the bullish trendline downwards
A descending movement downwards to the next support at 114723.160000000 is certain.
Caution: A possible change in the direction of the resistance zone at 119800.000000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. 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 | 120998.710000000 |
| 2nd High | 120247.800000000 |
| Next High | 119800.000000000 |
| Current Price | 112327.650000000 |
| Next Low | 114723.160000000 |
| 2nd Low | 107245.000000000 |
| 3rd Low | 106733.330000000 |
119800.000000000 – 120247.800000000 – 120998.710000000 – 114723.160000000 – 116128.000000000 – 116812.760000000 — 28.013787494996 – 26.072883205378
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – –