Sell BTC/USDT – 1H – SELL

The combination Bitcoin/Tether (BTC/USDT) jumps from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support level at 90975.800000000 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 98871.800000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. 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 99588.010000000
Next High 98871.800000000
Current Price 91683.890000000
Next Low 90975.800000000
2nd Low 89376.900000000
3rd Low 88722.000000000

Download BTC/USDT Signal Image

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