BTC/USDT – 30M – SELLThe combination Bitcoin/Tether (BTC/USDT) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at will persist.
Caution: A possible change in the direction of the resistance zone at 88224 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.
And also a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. 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 probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 92541.92 |
| 2nd High | 89228 |
| Next High | 88224 |
| Current Price | 86825.270000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
88224 – 88155.65 – 87792.2 – 86909.99 – 86116 – 86666 — 42.866913665324 – 38.609050423118 — 22.290284158584 – 8.1625707965677 – 51.117892321397 – 28.692157482357
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –