The currency pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline downwards
The bearish trend downwards to the next support line at 67732.01 is likely expected.
Caution: A possible change in the direction of resistance at 70351.46 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ” indicator layout is found. The indicator shows ”. signal.
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In addition a ‘StochRSI Bearish Divergence’ indicator layout is found. The indicator shows ‘StochRSI Bearish Divergence’. signal.
In addition a ‘Two Crows’ candle pattern is detected. The candles form ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 72026.09 |
| 2nd High | 71594.11 |
| Next High | 70351.46 |
| Current Price | 71481.680000000 |
| Next Low | 67732.01 |
| 2nd Low | 66680.57 |
| 3rd Low | 66611.66 |
69247.9 – 70351.46 – 70283.32 – 67732.01 – 68273.34 – 69163.86 —
69417.910000000 – 72110.650000000 —
63.665830728872 – 73.552352874674 —
– —
69247.9 – 1775552400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two Crows – – –