BTC/USDT – 30M – SELLThe currency pair Bitcoin/Tether (BTC/USDT) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 112566.010000000 is likely expected.
Caution: A possible change in the direction of resistance at 114016.770000000 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
Besides a ‘Two Crows’ candlestick pattern is found. The chart shows ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 116980.000000000 |
| 2nd High | 115875.840000000 |
| Next High | 114016.770000000 |
| Current Price | 113790.750000000 |
| Next Low | 112566.010000000 |
| 2nd Low | 111920.000000000 |
| 3rd Low | 107429.570000000 |
114016.770000000 – 115875.840000000 – 116980.000000000 – 112566.010000000 – 114366.000000000 – 114640.140000000 — 52.006463713906 – 51.471750633055
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two Crows – – –