The currency pair Bitcoin/Tether (BTC/USDT) moves from the bullish trendline downwards
A bearish trend downwards to the next support at 94971.440000000 will persist.
Caution: A possible counter-trend in the direction of resistance at 96595.980000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 99963.700000000 |
2nd High | 96621.950000000 |
Next High | 96595.980000000 |
Current Price | 95000.000000000 |
Next Low | 94971.440000000 |
2nd Low | 92520.000000000 |
3rd Low | 90500.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows