Sell BTC/USDT – 4H – SELL

In addition a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 60000 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 72271.41 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. 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 91224.99
2nd High 90600
Next High 72271.41
Current Price 67392.050000000
Next Low 65118
2nd Low 60000
3rd Low

72271.41 – 90600 – 91224.99 – 65118 – 60000 – 74604 —
69065.500000000 – 68707.490000000 —
50.940085860014 – 50.488912297698 —
– —
72271.41 – 1770580800

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