The currency pair Bitcoin/Tether (BTC/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support at is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 113384.620000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The pair is likely to go down.
And also a ‘Two Crows’ candle chart pattern is found. The candles form ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 114917.100000000 |
| 2nd High | 113485.900000000 |
| Next High | 113384.620000000 |
| Current Price | 110605.010000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
113384.620000000 – 111765.310000000 – 112575.270000000 – 109329.120000000 – 110279.680000000 – 110528.710000000 — 44.683082316706 – 40.842820935171
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two Crows – – –