BTC/USDT – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 92520 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 99963.700000000 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency 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 | |
| 2nd High | 107793.070000000 |
| Next High | 99963.700000000 |
| Current Price | 95439.250000000 |
| Next Low | 92520.000000000 |
| 2nd Low | 90500.000000000 |
| 3rd Low | 89376.900000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows