Sell BTC/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 95747.075 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 99963.700000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘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 probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High
2nd High 107793.070000000
Next High 99963.700000000
Current Price 97652.200000000
Next Low 91530.450000000
2nd Low 90500.000000000
3rd Low 89376.900000000

Download BTC/USDT Signal Image

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