BTC/USDT – 4H – SELL

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

The bearish trend down to the next support at will persist.

Caution: A possible reversal of the trend in the direction of resistance at 124474.000000000 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘Three Black Crows’ candlestick pattern is existing. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

124474.000000000 – 122335.160000000 – 115720.000000000 – 116803.990000000 – 112650.000000000 – 111920.000000000 — 42.772643794402 – 32.238747873135

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –