BTC/USDT – 4H – SELLThe currency pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline downwards
A bearish movement down to the next support level at 74604 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 90600 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative 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 | 97924.49 |
| 2nd High | 91224.99 |
| Next High | 90600 |
| Current Price | 71223.250000000 |
| Next Low | 74604 |
| 2nd Low | |
| 3rd Low |
90600 – 91224.99 – 97924.49 – 74604 – 87035.51 – 87263.53 —
78458.890000000 – 74249.830000000 —
37.396010071403 – 28.79236203428 —
– —
90600 – 1769616000
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –