BTC/USDT – 30M – SELLThe currency pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline down.
A bearish movement down to the next support level at 91320.000000000 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 93905.510000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bearish Engulfing’ candlestick pattern is detected. The candles show ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 93905.510000000 |
| Current Price | 93563.590000000 |
| Next Low | 91320.000000000 |
| 2nd Low | 90975.800000000 |
| 3rd Low | 89667.660000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Engulfing