BTC/USDT – 4H – SELL

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

A descending movement down to the next support line at is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 113384.620000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The pair is likely to go down.

Also there is a ‘Southern Doji’ candlestick chart pattern is found. The candles show ‘Southern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

113384.620000000 – 113485.900000000 – 117429.050000000 – 109329.120000000 – 107255.000000000 – 107350.100000000 — 52.416732267253 – 52.226198278552

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Southern Doji – Double bottom chart pattern – –