Sell BTC/USDT – 30M – SELL

The pair Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline down.

A bearish movement downwards to the next support at 102126.160000000 is likely expected.

Caution: A possible change in the direction of resistance at 105819.450000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Black Crows’ candlestick chart pattern is detected. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 105819.450000000
Current Price 105571.660000000
Next Low 102126.160000000
2nd Low 102000.000000000
3rd Low 101383.070000000

Download BTC/USDT Signal Image

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