Sell BTC/USDT – 30M – SELL

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 97594.005 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 99588.010000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 99588.010000000
Current Price 97705.820000000
Next Low 97122.110000000
2nd Low 95600.000000000
3rd Low 93138.000000000

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