Sell BTC/USDT – 30M – SELL

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

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