BTC/USDT – 1H – SELL

The pair Bitcoin/Tether (BTC/USDT) moves from the descending trendline down.

A continuation of the downtrend downwards to the next support at 88578.36 will persist.

Caution: A possible trend reversal in the direction of resistance at 91224.99 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘%K crosses above %D’ indicator signal is detected. The indicator is ‘%K crosses above %D’. which could be a positive chart signal. The pair is likely to go up.

Also there is a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart forms ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

91224.99 – 90088.94 – 90340 – 88578.36 – 88515.37 – 87263.53 —
89784.880000000 – 89540.440000000 —
49.802458524378 – 43.123540331029 —
– —
91224.99000 – 1769187600

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Engulfing – – –