BTC/USDT – 30M – SELL

Additionally a ‘Double bottom retreat down’ chart formation is discovered. The chart forms ‘Double bottom retreat down’. this is a bearish pattern signal. The currency pair is likely to fall.

The combination Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline down.

The bearish trend downwards to the next support line at 113579.690000000 is expected.

Caution: A possible change in the direction of the resistance zone at 116019.300000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘StochRSI fall below 80’ indicator layout is detected. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish chart scenario. The pair is likely to go down.

Additionally a ‘Two Crows’ candlestick pattern is detected. The chart shows ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

114260.310000000 – 114063.490000000 – 116019.300000000 – 113579.690000000 – 111920.000000000 – 112003.000000000 — 55.427141142007 – 53.56138188212

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two Crows – Double bottom retreat down – –