BTC/USDT – 30M – SELL

The combination Bitcoin/Tether (BTC/USDT) goes from the bullish trendline down.

The bearish trend down to the next support level at is likely expected.

Caution: A possible change in the direction of the resistance zone at 112924.370000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Southern Doji’ candlestick chart pattern is existing. The candles form ‘Southern Doji’. which is a bullish 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’ heading up is 51% (Bull Market) & 52% (Bear Market).

112924.370000000 – 111600.000000000 – 111412.000000000 – 110621.780000000 – 110861.200000000 – 109977.000000000 — 40.075958546412 – 39.785027405745

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Southern Doji – – –