BTC/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support line at 74604 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 79360 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘Two Crows’ chart pattern is discovered. The chart forms ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

79360 – 84621.16 – 90600 – 77644.09 – 74604 – 75719.9 —
78458.890000000 – 76721.250000000 —
49.764139850618 – 45.346489206726 —
– —
79360 – 1770044400

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two Crows – Double top chart pattern – –