BTC/USDT – 1H – SELLThe combination Bitcoin/Tether (BTC/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at 95734.770000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 98564.000000000 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. which 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 ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99588.010000000 |
| 2nd High | 98847.680000000 |
| Next High | 98564.000000000 |
| Current Price | 97468.300000000 |
| Next Low | 95734.770000000 |
| 2nd Low | 95600.000000000 |
| 3rd Low | 90975.800000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows