Sell BTC/USDT – 1H – SELL

The pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline down.

A bearish descent downwards to the next support level at 78202 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 80635.51 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency 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 90600
2nd High 84621.16
Next High 80635.51
Current Price 80586.020000000
Next Low 78202
2nd Low 78084.08
3rd Low 74937.52

80635.51 – 79199.48 – 78914.12 – 78202 – 78288.88 – 78084.08 —
80183.330000000 – 81136.590000000 —
58.44251704958 – 64.743424895649 —
– —
80635.51 – 1777867200

Trading Signals:

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