The combination Bitcoin/Tether (BTC/USDT) moves from the ascending trendline downwards
A descending movement down to the next support level at 91530.450000000 will continue.
Caution: A possible change in the direction of the resistance level at 102724.380000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Black Crows’ chart pattern is existing. 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 probability 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
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows