BTC/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at 72945.5 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 76971.52 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘StochRSI %K falls below 0.8’ indicator signal is detected. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

76971.52 – 79360 – 84621.16 – 72945.5 – 77644.09 – 74604 —
76780.000000000 – 76186.980000000 —
49.062618947535 – 37.194610196399 —
– —
76971.52 – 1770174000

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –