BTC/USDT – 30M – SELL

The pair Bitcoin/Tether (BTC/USDT) moves from the descending trendline downwards

A continuation of the downward movement down to the next support level at 63030 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 66025.52 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ” indicator signal is discovered. The indicator is ”. which could be a negative signal. The currency pair is likely to fall.

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And also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

And also a ‘Last Engulfing Top’ candlestick chart pattern is existing. The candles show ‘Last Engulfing Top’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

66025.52 – 68216.8 – 68722.64 – 63030 – 64914.46 – 65113.72 —
65206.250000000 – 67045.000000000 —
56.516137256547 – 70.282542045468 —
– —
66025.52 – 1772236800

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Last Engulfing Top – – –