Sell BTC/USDT – 30M – SELL

Besides a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 79430.535 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 80776.99 could occur.
Consider stop-loss settings accordingly.

Besides a ‘Two Crows’ candlestick chart pattern is detected. The candles show ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 84737.69
2nd High 84621.16
Next High 80776.99
Current Price 79975.830000000
Next Low 78202
2nd Low 78084.08
3rd Low 78040

80776.99 – 80635.51 – 78878.77 – 78202 – 78288.88 – 78558.65 —
80311.720000000 – 80397.190000000 —
57.90609144571 – 59.409554106961 —
– —
80776.99 – 1777915800

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