The currency pair Bitcoin/Tether (BTC/USDT) goes from the bullish trendline down.
A bearish movement downwards to the next support at 78911.42 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 80709.88 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘StochOSC Hidden Bearish Divergence’ indicator signal is detected. The indicator shows ‘StochOSC Hidden Bearish Divergence’. Dieses ist oftmals ein bearisches signal. Das Paar wird voraussichtlich nach unten gehen.
Additionally a ‘Three Outside Down’ chart pattern is found. The chart shows ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 82137.26 |
| 2nd High | 81324.64 |
| Next High | 80709.88 |
| Current Price | 79051.600000000 |
| Next Low | 78911.42 |
| 2nd Low | 78659 |
| 3rd Low | 78202 |
80709.88 – 79998 – 81324.64 – 78911.42 – 78659 – 78922 —
79134.920000000 – 79187.710000000 —
43.295878371852 – 47.433913491585 —
– —
80709.88 – 1778844600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Down – – –