Sell BTC/USDT – 1H – SELL

The currency pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline downwards

A bearish descent downwards to the next support level at 63678.83 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 66445.93 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 67292.15
2nd High 66992
Next High 66445.93
Current Price 63974.400000000
Next Low 63678.83
2nd Low 62829.81
3rd Low 62348

66445.93 – 66992 – 67292.15 – 65360.92 – 65650 – 63678.83 —
64776.660000000 – 64325.650000000 —
43.082449444988 – 41.284594027259 —
– —
66445.93 – 1781712000

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals