Sell BTC/USDT – 30M – SELL

The currency pair Bitcoin/Tether (BTC/USDT) moves from the descending trendline down.

A continuation of the downtrend downwards to the next support line at 93444.000000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 95247.000000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Two Crows’ candlestick pattern is existing. The candles form ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 95758.040000000
2nd High 95630.000000000
Next High 95247.000000000
Current Price 94737.970000000
Next Low 93444.000000000
2nd Low 92800.010000000
3rd Low 84347.970000000

Download BTC/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals