The currency pair Bitcoin/Tether (BTC/USDT) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 95021.67 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 95600 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Two Crows’ candlestick pattern is detected. The candles form ‘Two Crows’. 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 probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95871.47 |
| 2nd High | 95809.08 |
| Next High | 95600 |
| Current Price | 95315.230000000 |
| Next Low | 95021.67 |
| 2nd Low | 94293.46 |
| 3rd Low | 91787.61 |
95600 – 95809.08 – 95871.47 – 95021.67 – 94293.46 – 95133.03 — 56.04468579786 – 47.561775744062 — 89.413613049305 – 65.597708054156 – 96.049416658068 – 84.792879855304
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two Crows – – –