Sell BTC/USDT – 1H – SELL

And also a ‘Double top chart pattern’ chart formation is found. The chart picture forms ‘Double top chart pattern’. this is a bearish pattern signal. The pair is likely to go down.

The pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support at 112380.000000000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 114615.380000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Black Crows’ candle pattern is detected. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 116980.000000000
2nd High 115875.840000000
Next High 114615.380000000
Current Price 112379.580000000
Next Low 112380.000000000
2nd Low 111920.000000000
3rd Low 107429.570000000

114615.380000000 – 115875.840000000 – 116980.000000000 – 112380.000000000 – 112566.010000000 – 114640.140000000 — 36.257956687836 – 32.042431362813

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