BTC/USDT – 1H – SELL

And also a ‘Double top chart pattern’ chart formation is detected. The chart picture forms ‘Double top chart pattern’. which is a bearish signal. The pair is likely to go down.

The pair Bitcoin/Tether (BTC/USDT) goes from the descending trendline downwards

A continuation of the bearish trend down to the next support at 109393.930000000 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 113485.900000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency 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%.

113485.900000000 – 112625.000000000 – 112371.000000000 – 110862.420000000 – 110345.420000000 – 109393.930000000 — 39.247226611571 – 28.260512515412

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Double top chart pattern – –