The combination Bitcoin/Tether (BTC/USDT) goes from the bullish trendline downwards
A descending movement down to the next support at 65618.49 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 69516.65 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘StochOSC Bearish Divergence’ indicator signal is found. The indicator is ‘StochOSC Bearish Divergence’. Dieses ist oftmals ein bearisches chart scenario. Die Paarung wird wahrscheinlich fallen.
Besides a ‘Two Crows’ candlestick pattern is existing. The candles form ‘Two Crows’. this is a bearish pattern 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 | 74050 |
| 2nd High | 73558.15 |
| Next High | 69516.65 |
| Current Price | 69971.340000000 |
| Next Low | 65618.49 |
| 2nd Low | 65259.21 |
| 3rd Low | 65056 |
69516.65 – 69480 – 67609.08 – 65618.49 – 66761.68 – 66547.15 —
69253.530000000 – 70132.270000000 —
56.347168263788 – 63.237960093692 —
– —
69516.65 – 1773084600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two Crows – – –