BTC/USDT – 1H – SELL

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

A bearish movement down to the next support line at 67446.41 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 73558.15 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Bearish Belt Hold’ candle pattern is discovered. The candles show ‘Bearish Belt Hold’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

73558.15 – 74050 – 68999 – 67446.41 – 67744.78 – 67400 —
68074.970000000 – 67889.680000000 —
35.342390235393 – 34.276796980817 —
– —
73558.15 – 1772704800

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Belt Hold – – –