BTC/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 62749.34 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 64394.44 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘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 probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 67516 |
| 2nd High | 64494.92 |
| Next High | 64394.44 |
| Current Price | 63449.000000000 |
| Next Low | 63045.29 |
| 2nd Low | 62829.81 |
| 3rd Low | 62348 |
64394.44 – 63953.84 – 63863.98 – 63045.29 – 62829.81 – 62348 —
63996.000000000 – 63830.930000000 —
55.981360529509 – 48.3170322795 —
– —
64394.44 – 1781276400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –