BTC/USDT – 4H – SELL

And also a ‘Double bottom retreat down’ chart layout is detected. The chart picture forms ‘Double bottom retreat down’. which is a negative chart scenario. The currency pair is likely to fall.

The currency pair Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline downwards

A bearish trend down to the next support line at 114720.810000000 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 116665.630000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

116665.630000000 – 113384.620000000 – 113485.900000000 – 114720.810000000 – 114384.000000000 – 109977.000000000 — 55.221626264832 – 51.434315281614

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