Sell BTC/USDT – 1H – SELL

The currency pair Bitcoin/Tether (BTC/USDT) goes from the bullish trendline downwards

The bearish trend down to the next support at 65259.21 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 68200 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

Next a ‘Three Black Crows’ chart pattern is existing. The candles show ‘Three Black Crows’. this is a bearish chart scenario. 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’ heading down is 82%.

Support & Resistance Price Range*
3rd High 74050
2nd High 73558.15
Next High 68200
Current Price 65971.200000000
Next Low 65259.21
2nd Low 65056
3rd Low 63030

68200 – 73558.15 – 74050 – 66547.15 – 67446.41 – 67744.78 —
67426.690000000 – 67266.000000000 —
45.763012042951 – 43.905383127946 —
– —
68200 – 1772964000

Trading Signals:

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