The combination Bitcoin/Tether (BTC/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 113355.130000000 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 114417.020000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The pair is likely to go down.
And also a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator shows ‘StochRSI fall below 80’. which is often a bearish chart signal. The pair is likely to go down.
And also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.
And also a ‘Three Black Crows’ chart pattern is found. The chart forms ‘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’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 115340.000000000 |
| 2nd High | 115096.730000000 |
| Next High | 114417.020000000 |
| Current Price | 113914.310000000 |
| Next Low | 113355.130000000 |
| 2nd Low | 112650.000000000 |
| 3rd Low | 111920.000000000 |
114417.020000000 – 114228.880000000 – 115096.730000000 – 113355.130000000 – 112650.000000000 – 114121.000000000 — 52.596523297968 – 48.511058070088
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –