BTC/USDT – 4H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 81118.135 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 84720.000000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bearish Harami’ candle chart pattern is detected. The candles show ‘Bearish Harami’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 91100.000000000 |
| 2nd High | 87728.270000000 |
| Next High | 84720.000000000 |
| Current Price | 84458.750000000 |
| Next Low | 74620.000000000 |
| 2nd Low | 74508.000000000 |
| 3rd Low |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Harami