Sell BTC/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 69553 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 74050 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Two Crows’ chart pattern is discovered. The chart shows ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 79360
2nd High 76971.52
Next High 74050
Current Price 71305.920000000
Next Low 67400
2nd Low 66158
3rd Low 65259.21

74050 – 68999 – 70096 – 67400 – 66158 – 65259.21 —
72675.070000000 – 72835.730000000 —
53.018743931347 – 55.035792577415 —
– —
74050 – 1772650800

Trading Signals:

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