BTC/USDT – 30M – SELL

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

A descending movement downwards to the next support at 69355.34 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 72000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Also there is a ‘Three Outside Down’ candle chart pattern is existing. The chart forms ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

72000 – 70800 – 71321 – 69355.34 – 69205.91 – 68977.91 —
72364.440000000 – 72829.120000000 —
67.498720249019 – 56.010323466188 —
– —
72000 – 1773361800

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Down – – –