BTC/USDT – 30M – SELLThe pair Bitcoin/Tether (BTC/USDT) goes from the bullish trendline downwards
A bearish descent down to the next support line at 99205.000000000 is considered certain.
Caution: A possible change in the direction of the resistance zone at 102540.000000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Line Strike – Bearish’ candlestick pattern is found. The candles show ‘Three Line Strike – Bearish’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 104088.000000000 |
| 2nd High | 103550.000000000 |
| Next High | 102540.000000000 |
| Current Price | 99873.160000000 |
| Next Low | 99205.000000000 |
| 2nd Low | 95658.240000000 |
| 3rd Low | 94256.540000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Line Strike – Bearish