The combination Bitcoin/Tether (BTC/USDT) moves from the bullish trendline downwards
A bearish descent down to the next support level at is certain.
Caution: A possible counter-trend in the direction of the resistance level at 95459.990000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.
Moreover a ‘Three Black Crows’ chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. 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 | 95758.040000000 |
2nd High | 95630.000000000 |
Next High | 95459.990000000 |
Current Price | 94586.410000000 |
Next Low | |
2nd Low | |
3rd Low |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows