Sell BTC/USDT – 30M – SELL

The pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline down.

A bearish trend downwards to the next support at 65512 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 67516 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Two Crows’ candlestick pattern is existing. The chart shows ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 74198
2nd High 67923.24
Next High 67516
Current Price 66766.120000000
Next Low 65512
2nd Low 63678.83
3rd Low 63418.66

64664 – 64762.77 – 64350 – 65512 – 63678.83 – 64214 —
66560.000000000 – 66944.700000000 —
65.784741257222 – 62.201810781202 —
– —
64664 – 1781433000

Trading Signals:

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