BTC/USDT – 1H – SELLThe pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 93700.420000000 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 96538.920000000 should be noted.
Consider stop-loss settings accordingly.
Next a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. this is a bearish 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’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 107793.070000000 |
| Next High | 96538.920000000 |
| Current Price | 94123.430000000 |
| Next Low | 93700.420000000 |
| 2nd Low | 90500.000000000 |
| 3rd Low | 89376.900000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows