BTC/USDT – 1H – SELLThe combination Bitcoin/Tether (BTC/USDT) goes from the ascending trendline downwards
A descending movement down to the next support line at 95734.770000000 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 98871.800000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 99588.010000000 |
| Next High | 98871.800000000 |
| Current Price | 95139.990000000 |
| Next Low | 95734.770000000 |
| 2nd Low | 95600.000000000 |
| 3rd Low | 90975.800000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows