Sell BTC/USDT – 4H – SELL

The combination Bitcoin/Tether (BTC/USDT) goes from the descending trendline downwards

A continuation of the downward movement down to the next support level at 90791.100000000 is certain.

Caution: A possible trend reversal in the direction of resistance at 98619.990000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Black Crows’ candle pattern is detected. The candles show ‘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 success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 99588.010000000
2nd High 98871.800000000
Next High 98619.990000000
Current Price 94847.810000000
Next Low 90791.100000000
2nd Low 88722.000000000
3rd Low 66835.000000000

Download BTC/USDT Signal Image

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