BTC/USDT – 1H – SELLThe combination Bitcoin/Tether (BTC/USDT) jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 97136.000000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 98564.000000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99588.010000000 |
| 2nd High | 98847.680000000 |
| Next High | 98564.000000000 |
| Current Price | 97280.030000000 |
| Next Low | 97136.000000000 |
| 2nd Low | 97122.110000000 |
| 3rd Low | 95600.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows