BTC/USDT – 30M – SELLThe combination Bitcoin/Tether (BTC/USDT) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 117143.980000000 will persist.
Caution: A possible change in the direction of the resistance line at 117825.000000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Southern Doji’ candle chart pattern is found. The candles form ‘Southern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 119216.820000000 |
| 2nd High | 117898.990000000 |
| Next High | 117825.000000000 |
| Current Price | 117436.380000000 |
| Next Low | 117143.980000000 |
| 2nd Low | 116803.990000000 |
| 3rd Low | 116359.890000000 |
117825.000000000 – 117898.990000000 – 119216.820000000 – 117143.980000000 – 116803.990000000 – 117180.000000000 — 40.579208172401 – 39.899022387245
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Southern Doji – – –