The currency pair Bitcoin/Tether (BTC/USDT) moves from the ascending trendline down.
A bearish trend down to the next support level at 80731.14 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 84621.16 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.
In addition a ‘Southern Doji’ candlestick pattern is found. The candles show ‘Southern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 88500 |
| 2nd High | 84737.69 |
| Next High | 84621.16 |
| Current Price | 81618.810000000 |
| Next Low | 80731.14 |
| 2nd Low | 80527.76 |
| 3rd Low | 79744.91 |
81760.84 – 81791.48 – 81712.32 – 80731.14 – 80527.76 – 79744.91 —
82060.000000000 – 82220.470000000 —
63.302973630841 – 53.342085921759 —
– —
81760.84 – 1778036400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Southern Doji – – –