Sell BTC/USDT – 1H – SELL

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 77211.59 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 78914.12 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 84621.16
2nd High 79485.66
Next High 78914.12
Current Price 78171.850000000
Next Low 74937.52
2nd Low 74821.57
3rd Low 73724.31

78914.12 – 76669.14 – 77904.93 – 74937.52 – 75666.6 – 76459.64 —
78485.530000000 – 78754.550000000 —
58.595239805171 – 56.966721652301 —
– —
78914.12 – 1777640400

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