BTC/USDT – 30M – SELLThe combination Bitcoin/Tether (BTC/USDT) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at will continue.
Caution: A possible change in the direction of the resistance level at 86860 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.
And also a ‘%K crosses below %D’ indicator signal is discovered. The indicator shows ‘%K crosses below %D’. which is often a bearish chart scenario. The currency pair could go down.
And also a ‘Two Crows’ candle pattern is discovered. The chart shows ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 92541.92 |
| 2nd High | 88250 |
| Next High | 86860 |
| Current Price | 86066.230000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
86860 – 85572.82 – 88250 – 80600 – 86100 – 88608 — 56.637202797129 – 54.844687379327 — 47.694451702813 – 41.989373747931 – 45.959991870627 – 46.441366896031
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two Crows – – –