The currency pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at will persist.
Caution: A possible change in the direction of the resistance line at 116980.000000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The pair is likely to go down.
There is also a ‘Two Crows’ candle pattern is discovered. The chart forms ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 118575.000000000 |
| 2nd High | 117995.370000000 |
| Next High | 116980.000000000 |
| Current Price | 114139.160000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
116980.000000000 – 117995.370000000 – 118575.000000000 – 114366.000000000 – 114640.140000000 – 117321.530000000 — 44.38841899648 – 31.460368734893
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two Crows – – –