BTC/USDT – 30M – SELLThe currency pair Bitcoin/Tether (BTC/USDT) moves from the ascending trendline downwards
A bearish descent downwards to the next support level at 107459.490000000 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 111517.070000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘Three Black Crows’. 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 likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 113485.900000000 |
| 2nd High | 112638.640000000 |
| Next High | 111517.070000000 |
| Current Price | 110490.600000000 |
| Next Low | 107459.490000000 |
| 2nd Low | 107255.000000000 |
| 3rd Low | 107245.000000000 |
109912.400000000 – 109237.510000000 – 109480.020000000 – 107459.490000000 – 107255.000000000 – 108191.290000000 — 57.470967580038 – 53.176334057586
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –