BTC/USDT – 1H – SELL

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

A descending movement down to the next support at 91697.000000000 is expected.

Caution: A possible trend reversal in the direction of resistance at 93958.58 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Tweezers Top’ candle pattern is found. The candles show ‘Tweezers Top’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

93958.58 – 92000.01 – 91165.65 – 91697.000000000 – 83822.76 – 90155.47 — 66.009668713889 – 61.354275568426 — 72.46332727478 – 78.323629034263 – 51.235608133334 – 67.939485229188

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Tweezers Top – – –