BTC/USDT – 30M – SELLThe combination Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline downwards
A bearish trend down to the next support at 92700 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 93420 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95639.45 |
| 2nd High | 95531.12 |
| Next High | 93420 |
| Current Price | 93003.420000000 |
| Next Low | 92700 |
| 2nd Low | 91910.2 |
| 3rd Low | 91787.61 |
93420 – 93368.44 – 95531.12 – 92700 – 91910.2 – 94910 —
93389.450000000 – 93251.560000000 —
55.286597519787 – 49.980073026224 —
– —
93420.00000 – 1768840200
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –