Sell BTC/USDT – 30M – SELL

The combination Bitcoin/Tether (BTC/USDT) moves from the bearish trendline down.

A continuation of the downtrend down to the next support level at 81118 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 84621.16 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Additionally a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 88500
2nd High 84737.69
Next High 84621.16
Current Price 80365.040000000
Next Low 81118
2nd Low 80600
3rd Low 78969.58

84621.16 – 84737.69 – 88500 – 82560.75 – 81871.37 – 81118 —
83140.000000000 – 81522.830000000 —
36.801000362021 – 17.789589501858 —
– —
84621.16000 – 1769801400

Trading Signals:

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