The combination Bitcoin/Tether (BTC/USDT) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support line at 93138.000000000 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 98871.800000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 99588.010000000 |
Next High | 98871.800000000 |
Current Price | 93747.800000000 |
Next Low | 93138.000000000 |
2nd Low | 91320.000000000 |
3rd Low | 90975.800000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows