BTC/USDT – 1H – SELL

The currency pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline downwards

A continuation of the downtrend downwards to the next support at 60000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 68834.34 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘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%.

68834.34 – 69993.65 – 71126 – 66670.45 – 65756 – 67800 —
67344.000000000 – 68000.000000000 —
46.018319758676 – 45.045587231067 —
– —
68834.34 – 1770818400

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –