Sell BTC/USDT – 1H – SELL

The currency pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline down.

A continuation of the downward movement down to the next support line at 115100.000000000 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 116121.810000000 should be noted.
Consider stop-loss settings accordingly.

Besides a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 118575.000000000
2nd High 117900.000000000
Next High 116121.810000000
Current Price 115660.010000000
Next Low 115100.000000000
2nd Low 114720.810000000
3rd Low 114384.000000000

116121.810000000 – 117900.000000000 – 117896.000000000 – 115100.000000000 – 114720.810000000 – 114737.110000000 — 42.976155582184 – 42.095382743386

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