BTC/USDT – 30M – SELLThe combination Bitcoin/Tether (BTC/USDT) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 97622.860000000 is expected.
Caution: A possible change in the direction of the resistance line at 100421.800000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. 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 | 103550.000000000 |
| 2nd High | 101351.000000000 |
| Next High | 100421.800000000 |
| Current Price | 96588.000000000 |
| Next Low | 97622.860000000 |
| 2nd Low | 90500.000000000 |
| 3rd Low | 89667.660000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows