BTC/USDT – 1H – SELLThe combination Bitcoin/Tether (BTC/USDT) moves from the ascending trendline down.
The bearish trend down to the next support line at 90975.800000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 93905.510000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative 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%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 93905.510000000 |
| Current Price | 93684.000000000 |
| Next Low | 90975.800000000 |
| 2nd Low | 89376.900000000 |
| 3rd Low | 88722.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows