BTC/USDT – 30M – SELLThe combination Bitcoin/Tether (BTC/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 83655.230000000 will continue.
Caution: A possible change in the direction of resistance at 84358.510000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Tweezers Top’ candle pattern is existing. The chart forms ‘Tweezers Top’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 86532.040000000 |
| 2nd High | 84850.330000000 |
| Next High | 84358.510000000 |
| Current Price | 83795.150000000 |
| Next Low | 83655.230000000 |
| 2nd Low | 83578.320000000 |
| 3rd Low | 81134.660000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Tweezers Top