Sell BTC/USDT – 30M – SELL

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

A bearish trend downwards to the next support line at 63418.66 is considered certain.

Caution: A possible change in the direction of resistance at 64762.77 could occur.
Consider stop-loss settings accordingly.

Then a ‘Three Outside Down’ candlestick chart pattern is found. The chart shows ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 67923.24
2nd High 67516
Next High 64762.77
Current Price 64339.070000000
Next Low 63418.66
2nd Low 63400
3rd Low 63045.29

64762.77 – 64350 – 63840 – 63418.66 – 63400 – 63045.29 —
64534.000000000 – 64545.400000000 —
63.790174216301 – 61.761623225642 —
– —
64762.77 – 1781386200

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