BTC/USDT – 4H – SELL

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

A continuation of the bearish trend down to the next support level at 65631.83 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 70126.67 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.

Additionally a ‘Two Crows’ chart pattern is discovered. The chart forms ‘Two Crows’. 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 ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

70126.67 – 72271.41 – 90600 – 65631.83 – 65118 – 60000 —
68318.390000000 – 68698.700000000 —
48.819437067022 – 59.03112398585 —
– —
70126.67 – 1771243200

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