BTC/USDT – 30M – SELLThe currency pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 97244.000000000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 107000.000000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Black Crows’ chart pattern is found. The candles form ‘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 likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 107793.070000000 |
| Next High | 107000.000000000 |
| Current Price | 96655.490000000 |
| Next Low | 97244.000000000 |
| 2nd Low | 95658.240000000 |
| 3rd Low | 94256.540000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows