BTC/USDT – 30M – SELL

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

A descending movement downwards to the next support level at 87704 will persist.

Caution: A possible change in the direction of the resistance line at 88500 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘StochRSI %K falls below 0.8’ indicator signal is existing. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative chart signal. The currency pair could go down.

Next a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.

Next a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

88500 – 90600 – 89523.16 – 87704 – 88904.61 – 88833.65 —
88066.940000000 – 87947.940000000 —
33.09018203244 – 25.732684014464 —
– —
88500.00000 – 1769675400

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –