BTC/USDT – 30M – SELLThe currency pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline downwards
A descending movement downwards to the next support at 83034.230000000 is expected.
Caution: A possible change in the direction of the resistance level at 84990.220000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 87728.270000000 |
| 2nd High | 86100.000000000 |
| Next High | 84990.220000000 |
| Current Price | 84341.840000000 |
| Next Low | 83034.230000000 |
| 2nd Low | 78969.580000000 |
| 3rd Low | 78464.360000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows