The currency pair Bitcoin/Tether (BTC/USDT) goes from the bullish trendline downwards
A descent down to the next support line at is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 76971.52 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish signal. The 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 | 84621.16 |
| 2nd High | 79360 |
| Next High | 76971.52 |
| Current Price | 71223.250000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
76971.52 – 79360 – 84621.16 – 72945.5 – 77644.09 – 74604 —
74140.000000000 – 73341.180000000 —
34.528477011482 – 33.940659502227 —
– —
76971.52 – 1770174000
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –