Sell BTC/USDT – 1H – SELL

Besides a ‘Double top chart pattern’ chart formation is detected. The chart forms ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to go down.

Besides a ‘RSI fall below 30’ indicator signal is found. The indicator shows ‘RSI fall below 30’. which is often a bearish signal. The currency pair could go down.

Besides a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘Falling Window’ candlestick pattern is found. The chart shows ‘Falling Window’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Falling Window’ going down is 67% (Bull Market) and 73% (Bear Market).

Support & Resistance Price Range*
3rd High 120998.710000000
2nd High 120247.800000000
Next High 119450.000000000
Current Price 115284.250000000
Next Low 117103.100000000
2nd Low 116128.000000000
3rd Low 115736.920000000

119450.000000000 – 119273.360000000 – 120247.800000000 – 117103.100000000 – 117301.000000000 – 116128.000000000 — 35.679727173833 – 24.133861190939

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