BTC/USDT – 1H – SELLThe combination Bitcoin/Tether (BTC/USDT) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 115100.000000000 is certain.
Caution: A possible trend reversal in the direction of resistance at 115819.060000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Tweezers Top’ candlestick chart pattern is detected. The candles show ‘Tweezers Top’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117900.000000000 |
| 2nd High | 116121.810000000 |
| Next High | 115819.060000000 |
| Current Price | 115232.290000000 |
| Next Low | 115100.000000000 |
| 2nd Low | 114720.810000000 |
| 3rd Low | 114384.000000000 |
115819.060000000 – 116121.810000000 – 117900.000000000 – 115100.000000000 – 114720.810000000 – 114737.110000000 — 47.600553428371 – 39.734479095198
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Tweezers Top – Double top chart pattern – –