BTC/USDT – 30M – SELLThe pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline downwards
A descent downwards to the next support at 102621.500000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 106648.000000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Evening Star’ chart pattern is detected. The chart shows ‘Evening Star’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Evening Star’ going down is 72% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 106648.000000000 |
| Current Price | 104432.010000000 |
| Next Low | 102621.500000000 |
| 2nd Low | 100609.410000000 |
| 3rd Low | 99700.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Evening Star