BTC/USDT – 4H – SELLThe combination Bitcoin/Tether (BTC/USDT) goes from the ascending trendline down.
A bearish trend downwards to the next support level at 91530.450000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 102724.380000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. 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 | |
| 2nd High | 107793.070000000 |
| Next High | 102724.380000000 |
| Current Price | 94071.210000000 |
| Next Low | 91530.450000000 |
| 2nd Low | 90500.000000000 |
| 3rd Low | 88722.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows