BTC/USDT – 30M – SELLThe combination Bitcoin/Tether (BTC/USDT) goes from the descending trendline downwards
A continuation of the bearish trend down to the next support at 81118.000000000 is expected.
Caution: A possible trend reversal in the direction of resistance at 84737.69 should always be considered.
Consider stop-loss settings accordingly.
Next a ‘StochOSC Hidden Bearish Divergence’ indicator layout is existing. The indicator is ‘StochOSC Hidden Bearish Divergence’. In der Regel bedeutet das ein negatives chart scenario. Das Paar wird voraussichtlich nach unten gehen.
Next a ‘Three Outside Down’ candle pattern is found. The candles form ‘Three Outside Down’. 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 probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 90600 |
| 2nd High | 88500 |
| Next High | 84737.69 |
| Current Price | 82410.540000000 |
| Next Low | 81118.000000000 |
| 2nd Low | |
| 3rd Low |
84737.69 – 88500 – 90600 – 81118.000000000 – 83383.33 – 87704 —
83895.330000000 – 83329.360000000 —
20.75084866114 – 41.844641084697 —
81118.000000000 – 1769736600 —
84737.69000 – 1769729400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Down – – –