BTC/USDT – 4H – SELLThe currency pair Bitcoin/Tether (BTC/USDT) moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support at 84450.01 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 91224.99 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
And also a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. 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 | 107500 |
| 2nd High | 97924.49 |
| Next High | 91224.99 |
| Current Price | 84012.110000000 |
| Next Low | 84450.01 |
| 2nd Low | 83822.76 |
| 3rd Low | 80600 |
91224.99 – 97924.49 – 92082.55 – 87035.51 – 87263.53 – 94293.46 —
89400.000000000 – 88500.000000000 —
49.543213650699 – 38.124865390119 —
– —
91224.99000 – 1769184000
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –