BTC/USDT – 30M – SELLThe pair Bitcoin/Tether (BTC/USDT) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 89253.78 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 93836.01 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. 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 | 96635.11 |
| 2nd High | 96043 |
| Next High | 93836.01 |
| Current Price | 91163.200000000 |
| Next Low | 89253.78 |
| 2nd Low | 84347.97 |
| 3rd Low | 83709.25 |
93836.01 – 96043 – 96635.11 – 89253.78 – 93005.55 – 94841.62 — 39.05427362736 – 33.695982971155 — 0 – 0 – 9.4085966569519 – 3.0319059835842
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –