BTC/USDT – 30M – SELL

The combination Bitcoin/Tether (BTC/USDT) moves from the ascending trendline down.

A bearish descent downwards to the next support level at 90975.800000000 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 92594.000000000 is also possible.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 91680.208 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 92594.000000000 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Download BTC/USDT Signal Image

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows