The pair Bitcoin/Tether (BTC/USDT) moves from the bullish trendline down.
A bearish trend downwards to the next support line at 91530.450000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 102724.380000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three Black Crows’ candlestick chart pattern is detected. The candles show ‘Three Black Crows’. which is a negative pattern 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