The pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline downwards
The bearish trend downwards to the next support line at 67744.78 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 73558.15 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 76971.52 |
| 2nd High | 74050 |
| Next High | 73558.15 |
| Current Price | 67690.860000000 |
| Next Low | 67744.78 |
| 2nd Low | 67400 |
| 3rd Low | 66158 |
73558.15 – 74050 – 68999 – 67744.78 – 67400 – 66158 —
68333.330000000 – 68147.730000000 —
29.204712397475 – 30.402145452495 —
– —
73558.15 – 1772704800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –