Buy BTC/USDT – 1H – BUY

And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 67422.83314 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 73558.15 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Two Crows’ candle chart pattern is found. The candles form ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 76971.52
2nd High 74050
Next High 73558.15
Current Price 69721.580000000
Next Low 65618.49
2nd Low 65259.21
3rd Low 65056

68200 – 73558.15 – 74050 – 65618.49 – 66547.15 – 67446.41 —
70926.460000000 – 70350.000000000 —
54.545158059754 – 52.601790077462 —
– —
68200 – 1772964000

Trading Signals:

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