Sell BTC/USDT – 30M – SELL

The currency pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline downwards

The bearish trend down to the next support line at 110917.450000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 113485.900000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Outside Down’ candlestick chart pattern is existing. The candles form ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 115666.680000000
2nd High 114917.100000000
Next High 113485.900000000
Current Price 113862.770000000
Next Low 110917.450000000
2nd Low 110766.660000000
3rd Low 110621.780000000

111745.690000000 – 113293.290000000 – 112924.370000000 – 110917.450000000 – 110766.660000000 – 111111.000000000 — 75.797615687312 – 74.709355067279

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