BTC/USDT – 1H – SELLThe currency pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline downwards
The bearish trend down to the next support line at 90863.47 will continue.
Caution: A possible change in the direction of resistance at 94150 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘%K fall below 80’ indicator signal is found. The indicator is ‘%K fall below 80’. which is often a bearish chart scenario. The currency pair could go down.
Then a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 96635.11 |
| 2nd High | 96043 |
| Next High | 94150 |
| Current Price | 93771.820000000 |
| Next Low | 90863.47 |
| 2nd Low | 87250 |
| 3rd Low | 86806.5 |
93388 – 88088.1 – 89200 – 90863.47 – 87250 – 86806.5 — 61.053831567926 – 60.086082064127 — 16.570414260356 – 0 – 32.633315832896 – 15.91456453078
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –