Sell BTC/USDT – 30M – SELL

The combination Bitcoin/Tether (BTC/USDT) jumps from the descending trendline down.

A continuation of the downtrend downwards to the next support level at 117103.100000000 is considered certain.

Caution: A possible change in the direction of the resistance level at 119450.000000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Furthermore a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 120820.710000000
2nd High 120247.800000000
Next High 119450.000000000
Current Price 117200.000000000
Next Low 117103.100000000
2nd Low 116128.000000000
3rd Low 115736.920000000

119450.000000000 – 118814.470000000 – 119273.360000000 – 117832.320000000 – 117103.100000000 – 117301.000000000 — 29.938434779931 – 28.126972167402

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