Sell BTC/USDT – 4H – SELL

The currency pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline down.

The bearish trend down to the next support level at 91530.450000000 will persist.

Caution: A possible change in the direction of the resistance line at 102724.380000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. which is a negative 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
2nd High 107793.070000000
Next High 102724.380000000
Current Price 94071.210000000
Next Low 91530.450000000
2nd Low 90500.000000000
3rd Low 88722.000000000

Download BTC/USDT Signal Image

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