BTC/USDT – 30M – SELLThe 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
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows