BTC/USDT – 30M – SELLThe currency pair Bitcoin/Tether (BTC/USDT) jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support at 99036.010000000 is expected.
Caution: A possible counter-trend in the direction of resistance at 100439.180000000 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘Three Black Crows’ chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. 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 | 104088.000000000 |
| 2nd High | 103550.000000000 |
| Next High | 100439.180000000 |
| Current Price | 99934.820000000 |
| Next Low | 99036.010000000 |
| 2nd Low | 97622.860000000 |
| 3rd Low | 90500.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows