Sell BTC/USDT – 30M – SELL

The pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline downwards

A descent downwards to the next support level at 83034.230000000 will continue.

Caution: A possible change in the direction of resistance at 85544.300000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Two Crows’ candlestick pattern is found. The candles form ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Then a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 87728.270000000
2nd High 86100.000000000
Next High 85544.300000000
Current Price 84376.660000000
Next Low 83034.230000000
2nd Low 78969.580000000
3rd Low 78464.360000000

Download BTC/USDT Signal Image

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