Sell BTC/USDT – 30M – SELL

The combination Bitcoin/Tether (BTC/USDT) moves from the ascending trendline downwards

A bearish descent downwards to the next support at 107429.570000000 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 116019.300000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘RSI fall below 30’ indicator signal is found. The indicator is ‘RSI fall below 30’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency 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 118922.450000000
2nd High 118879.140000000
Next High 116019.300000000
Current Price 113141.050000000
Next Low 107429.570000000
2nd Low 107245.000000000
3rd Low 106900.020000000

116019.300000000 – 118879.140000000 – 118922.450000000 – 114116.000000000 – 115796.230000000 – 117358.840000000 — 37.162064621279 – 34.737032622872

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