BTC/USDT – 30M – SELLThe currency pair Bitcoin/Tether (BTC/USDT) goes from the bullish trendline downwards
A descent down to the next support level at 117859.980000000 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 118438.830000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Two Crows’ chart pattern is discovered. The chart shows ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120247.800000000 |
| 2nd High | 119450.000000000 |
| Next High | 118438.830000000 |
| Current Price | 118941.170000000 |
| Next Low | 117859.980000000 |
| 2nd Low | 117825.500000000 |
| 3rd Low | 117304.460000000 |
118438.830000000 – 118297.350000000 – 118220.000000000 – 117859.980000000 – 117825.500000000 – 117304.460000000 — 64.087055937512 – 61.177870198838
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two Crows – –