BTC/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support at 115796.230000000 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 118922.450000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Then a ‘Bearish Belt Hold’ candlestick chart pattern is discovered. The chart shows ‘Bearish Belt Hold’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

118922.450000000 – 118792.000000000 – 119273.360000000 – 115796.230000000 – 116950.750000000 – 117427.500000000 — 54.589781417465 – 43.861333095796

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Belt Hold – –