BTC/USDT – 1H – SELL

The pair Bitcoin/Tether (BTC/USDT) moves from the descending trendline down.

A continuation of the bearish trend down to the next support line at is certain.

Caution: A possible trend reversal in the direction of resistance at 119450.000000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair could go down.

And also a ‘Southern Doji’ candlestick chart pattern is detected. The chart shows ‘Southern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

119450.000000000 – 119273.360000000 – 120247.800000000 – 114723.160000000 – 117103.100000000 – 117301.000000000 — 49.465606040795 – 49.278163844225

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Southern Doji – –