The combination Bitcoin/Tether (BTC/USDT) goes from the bullish trendline down.
A bearish trend down to the next support at 114259.000000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 115716.000000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘RSI fall below 70’ indicator signal is detected. The indicator is ‘RSI fall below 70’. which could be a negative chart signal. The currency pair is likely to fall.
And also a ‘StochRSI fall below 80’ indicator signal is detected. The indicator is ‘StochRSI fall below 80’. which could be a negative chart signal. The currency pair is likely to fall.
And also a ‘Three Inside Down’ candlestick chart pattern is detected. The chart forms ‘Three Inside Down’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 116019.300000000 |
| 2nd High | 115720.000000000 |
| Next High | 115716.000000000 |
| Current Price | 116616.260000000 |
| Next Low | 114259.000000000 |
| 2nd Low | 113579.900000000 |
| 3rd Low | 113355.130000000 |
115716.000000000 – 114417.020000000 – 114228.880000000 – 114259.000000000 – 113579.900000000 – 113355.130000000 — 75.319817396517 – 72.600901704768
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Inside Down – Double bottom retreat down – –