BTC/USDT – 30M – SELLThe pair Bitcoin/Tether (BTC/USDT) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support line at 97632.020000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 99349.310000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 107000.000000000 |
| 2nd High | 99487.990000000 |
| Next High | 99349.310000000 |
| Current Price | 98796.500000000 |
| Next Low | 97632.020000000 |
| 2nd Low | 92520.000000000 |
| 3rd Low | 90500.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows