BTC/USDT – 4H – SELL

The combination Bitcoin/Tether (BTC/USDT) goes from the bearish trendline down.

A continuation of the downtrend down to the next support at 114723.160000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 120247.800000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘RSI fall below 70’ indicator layout is existing. The indicator shows ‘RSI fall below 70’. which is often a bearish signal. The currency pair could go down.

And also a ‘Three Black Crows’ candlestick chart pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

120247.800000000 – 120998.710000000 – 123218.000000000 – 114723.160000000 – 116128.000000000 – 116812.760000000 — 55.737553867762 – 54.408038135064

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – –