BTC/USDT – 1H – SELLThe combination Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline downwards
A bearish trend downwards to the next support at will continue.
Caution: A possible change in the direction of the resistance level at 82137.26 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair could go down.
Furthermore a ‘Southern Doji’ candlestick pattern is found. The candles show ‘Southern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 82850 |
| 2nd High | 82479.32 |
| Next High | 82137.26 |
| Current Price | 80837.150000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
82137.26 – 82479.32 – 81080 – 80462.97 – 80279.77 – 79181.48 —
81788.000000000 – 81137.270000000 —
53.482761225687 – 39.705376912768 —
– —
82137.26 – 1778522400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Southern Doji – – –