Sell BTC/USDT – 30M – SELL

The combination Bitcoin/Tether (BTC/USDT) moves from the bearish trendline down.

A continuation of the bearish trend down to the next support at 77644.09 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 79186.81 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.

And also a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The currency pair could go down.

And also a ‘Three Outside Down’ candle pattern is detected. The candles form ‘Three Outside Down’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 79424
2nd High 79360
Next High 79186.81
Current Price 77960.510000000
Next Low 77644.09
2nd Low 74604
3rd Low 74508

79186.81 – 79360 – 78231.26 – 77644.09 – 77888 – 74604 —
78999.990000000 – 78972.880000000 —
54.201518198799 – 55.539654028449 —
– —
79186.81000 – 1770080400

Trading Signals:

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