The pair Bitcoin/Tether (BTC/USDT) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 74821.57 will continue.
Caution: A possible change in the direction of the resistance line at 77478 could be enabled.
Consider stop-loss settings accordingly.
Besides a ” indicator layout is found. The indicator shows ”. which is often a bearish signal. The currency pair is likely to fall.
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Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.
Besides a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative 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’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 79485.66 |
| 2nd High | 78265.34 |
| Next High | 77478 |
| Current Price | 75829.120000000 |
| Next Low | 74821.57 |
| 2nd Low | 74702 |
| 3rd Low | 74095.18 |
77478 – 78265.34 – 79485.66 – 76459.64 – 77465.05 – 77843.75 —
76790.700000000 – 76372.050000000 —
39.483827364837 – 34.750471278384 —
– —
77478 – 1777336200
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –