The currency pair Bitcoin/Tether (BTC/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support line at 97622.860000000 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 99821.830000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ chart pattern is found. The chart forms ‘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 success rate of a ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 104088.000000000 |
2nd High | 103550.000000000 |
Next High | 99821.830000000 |
Current Price | 99350.000000000 |
Next Low | 97622.860000000 |
2nd Low | 90500.000000000 |
3rd Low | 89667.660000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows