BTC/USDT – 30M – SELLThe currency pair Bitcoin/Tether (BTC/USDT) jumps from the bearish trendline down.
A continuation of the downward movement down to the next support level at 91466.520000000 is certain.
Caution: A possible trend reversal in the direction of resistance at 94973.370000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative pattern 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99588.010000000 |
| 2nd High | 98871.800000000 |
| Next High | 94973.370000000 |
| Current Price | 91036.010000000 |
| Next Low | 91466.520000000 |
| 2nd Low | 91320.000000000 |
| 3rd Low | 90975.800000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows