BTC/USDT – 30M – SELLThe combination Bitcoin/Tether (BTC/USDT) goes from the ascending trendline down.
A bearish descent downwards to the next support at 80135 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 81708.32 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Collapsing Doji Star’ candle pattern is existing. The candles show ‘Collapsing Doji Star’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84621.16 |
| 2nd High | 82850 |
| Next High | 81708.32 |
| Current Price | 80780.830000000 |
| Next Low | 80135 |
| 2nd Low | 79181.48 |
| 3rd Low | 78202 |
80666.66 – 80371.23 – 81708.32 – 80135 – 79181.48 – 79500 —
80833.330000000 – 80818.700000000 —
71.937413754779 – 59.501007035696 —
– —
80666.66 – 1778299200
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Collapsing Doji Star – – –