BTC/USDT – 30M – SELLThe pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline down.
A bearish descent downwards to the next support level at 83034.230000000 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 85544.300000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Tweezers Top’ candlestick chart pattern is detected. The chart shows ‘Tweezers Top’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 87728.270000000 |
| 2nd High | 86100.000000000 |
| Next High | 85544.300000000 |
| Current Price | 84496.100000000 |
| Next Low | 83034.230000000 |
| 2nd Low | 78969.580000000 |
| 3rd Low | 78464.360000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Tweezers Top