BTC/USDT – 30M – SELLThe currency pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 95890.280000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 98057.510000000 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. 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 | 107793.070000000 |
| 2nd High | 107000.000000000 |
| Next High | 98057.510000000 |
| Current Price | 95363.440000000 |
| Next Low | 95890.280000000 |
| 2nd Low | 95658.240000000 |
| 3rd Low | 94256.540000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows