Sell BTC/USDT – 30M – SELL

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

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