BTC/USDT – 1H – SELLThe currency pair Bitcoin/Tether (BTC/USDT) goes from the bullish trendline downwards
A descent down to the next support line at 77264.080000000 is considered certain.
Caution: A possible change in the direction of the resistance level at 78479.37 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Southern Doji’ candle pattern is existing. The candles form ‘Southern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 78662.5 |
| 2nd High | 78581.93 |
| Next High | 78479.37 |
| Current Price | 77501.190000000 |
| Next Low | 77264.080000000 |
| 2nd Low | 76960 |
| 3rd Low | 74821.57 |
78479.37 – 78581.93 – 78662.5 – 77264.080000000 – 76960 – 74821.57 —
77616.780000000 – 77619.050000000 —
38.483411263645 – 43.924631533698 —
77264.080000000 – 1777068000 —
78479.37 – 1777035600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Southern Doji – – –