The currency pair Bitcoin/Tether (BTC/USDT) moves from the bullish trendline downwards
A bearish trend downwards to the next support line at 80731.14 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 81760.84 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84621.16 |
| 2nd High | 81791.48 |
| Next High | 81760.84 |
| Current Price | 81952.970000000 |
| Next Low | 80731.14 |
| 2nd Low | 80527.76 |
| 3rd Low | 79744.91 |
81760.84 – 81791.48 – 81712.32 – 80731.14 – 80527.76 – 79744.91 —
81986.000000000 – 82539.330000000 —
64.467101295013 – 64.442168636109 —
– —
81760.84 – 1778036400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –