Sell BTC/USDT – 1H – SELL

The currency pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support line at 98657.700000000 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 100439.180000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. 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 ‘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 99090.840000000
Next Low 98657.700000000
2nd Low 90500.000000000
3rd Low 89376.900000000

Download BTC/USDT Signal Image

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