BTC/USDT – 30M – SELLThe pair Bitcoin/Tether (BTC/USDT) moves from the descending trendline downwards
A continuation of the downtrend down to the next support line at 114825.000000000 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 116087.350000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 116166.710000000 |
| 2nd High | 116165.190000000 |
| Next High | 116087.350000000 |
| Current Price | 115651.030000000 |
| Next Low | 114825.000000000 |
| 2nd Low | 114740.990000000 |
| 3rd Low | 113430.000000000 |
116087.350000000 – 116165.190000000 – 116109.000000000 – 114825.000000000 – 115141.800000000 – 115449.590000000 — 50.295433059111 – 46.747214100576
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –