BTC/USDT – 30M – SELLThe pair Bitcoin/Tether (BTC/USDT) moves from the ascending trendline downwards
A bearish trend downwards to the next support at 110621.780000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 112924.370000000 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish pattern signal. 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 | 113485.900000000 |
| 2nd High | 113384.620000000 |
| Next High | 112924.370000000 |
| Current Price | 111958.040000000 |
| Next Low | 110621.780000000 |
| 2nd Low | 109977.000000000 |
| 3rd Low | 109329.120000000 |
112924.370000000 – 111600.000000000 – 111412.000000000 – 110621.780000000 – 110861.200000000 – 109977.000000000 — 48.889693114502 – 47.323377794363
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –