BTC/USDT – 30M – SELLThere is also a ‘Triple top chart pattern’ chart layout is existing. The chart shows ‘Triple top chart pattern’. which is a negative pattern signal. The pair is likely to go down.
The pair Bitcoin/Tether (BTC/USDT) moves from the bullish trendline downwards
A bearish trend downwards to the next support at 90863.47 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 94444.44 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘Bearish Harami’ candle chart pattern is discovered. The candles form ‘Bearish Harami’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 96043 |
| 2nd High | 94789.08 |
| Next High | 94444.44 |
| Current Price | 92104.500000000 |
| Next Low | 90863.47 |
| 2nd Low | 88459.96 |
| 3rd Low | 87550.43 |
94444.44 – 94789.08 – 93388 – 93137.98 – 92407.13 – 92155 — 37.438722484805 – 35.984817886166 — 22.918606895047 – 25.276246570515 – 14.087666160459 – 20.412740763115
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Harami – Triple top chart pattern – –