Sell BTC/USDT – 4H – SELL

The currency pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline down.

The bearish trend down to the next support at will persist.

Caution: A possible trend reversal in the direction of resistance at 90600 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 97924.49
2nd High 91224.99
Next High 90600
Current Price 70318.350000000
Next Low
2nd Low
3rd Low

90600 – 91224.99 – 97924.49 – 74604 – 87035.51 – 87263.53 —
76960.000000000 – 73341.180000000 —
31.980573103955 – 22.381580222648 —
– —
90600 – 1769616000

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