BTC/USDT – 4H – SELLThe currency pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline down.
A bearish movement down to the next support line at 115100.000000000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 117900.000000000 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Three Black Crows’ candle pattern is detected. The candles show ‘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 | 124474.000000000 |
| 2nd High | 118575.000000000 |
| Next High | 117900.000000000 |
| Current Price | 114308.000000000 |
| Next Low | 115100.000000000 |
| 2nd Low | 114720.810000000 |
| 3rd Low | 114384.000000000 |
117900.000000000 – 116665.630000000 – 113384.620000000 – 115100.000000000 – 114720.810000000 – 114384.000000000 — 40.989238761651 – 32.420657624712
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –