Sell BTC/USDT – 4H – SELL

The currency pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline downwards

The bearish trend down to the next support line at 73724.31 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 78333 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

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

Support & Resistance Price Range*
3rd High 91224.99
2nd High 90600
Next High 78333
Current Price 78607.950000000
Next Low 73724.31
2nd Low 73309.85
3rd Low 70505.88

78333 – 76038 – 73790 – 73724.31 – 73309.85 – 70505.88 —
76927.570000000 – 79400.000000000 —
58.420356684889 – 69.714942894658 —
– —
78333 – 1776441600

Trading Signals:

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