BTC/USDT – 30M – SELL

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

A bearish movement downwards to the next support level at 65118 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 68410.52 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

68410.52 – 68369.77 – 68834.34 – 65118 – 66670.45 – 66787.7 —
66042.240000000 – 66484.320000000 —
34.799238611668 – 47.844888539486 —
– —
68410.52 – 1770904800

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