BTC/USDT – 1H – SELLThe combination Bitcoin/Tether (BTC/USDT) goes from the bullish trendline down.
A descent down to the next support level at 90863.47 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 94444.44 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.
Besides a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. 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 | 96043 |
| 2nd High | 94789.08 |
| Next High | 94444.44 |
| Current Price | 90901.390000000 |
| Next Low | 90863.47 |
| 2nd Low | 87250 |
| 3rd Low | 86806.5 |
94444.44 – 94789.08 – 93388 – 91262.94 – 90863.47 – 87250 — 34.063715998932 – 30.905685420581 — 0 – 0 – 11.602897136351 – 3.5687974205153
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –