BTC/USDT – 4H – SELLThe currency pair Bitcoin/Tether (BTC/USDT) moves from the ascending trendline downwards
A bearish movement down to the next support line at 88722.000000000 will continue.
Caution: A possible trend reversal in the direction of resistance at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 97708.850000000 |
| Next Low | 88722.000000000 |
| 2nd Low | 66835.000000000 |
| 3rd Low | 65260.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows