Sell BTC/USDT – 30M – SELL

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

A bearish movement down to the next support level at 87263.53 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 90574 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.

Additionally a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Additionally a ‘Two Crows’ candle chart pattern is detected. The candles form ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 95531.12
2nd High 93420
Next High 90574
Current Price 89574.080000000
Next Low 87263.53
2nd Low 87250
3rd Low 86845.66

90574 – 90120.44 – 93420 – 87263.53 – 87895.98 – 90693 —
90113.430000000 – 90200.000000000 —
53.631415650243 – 57.589691856498 —
– —
90574.00000 – 1769007600

Trading Signals:

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