Sell BTC/USDT – 30M – SELL

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 75923.5 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 78333 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Two Crows’ candlestick pattern is found. The candles show ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 79186.81
2nd High 79084.29
Next High 78333
Current Price 77185.890000000
Next Low 74529.4
2nd Low 73580.85
3rd Low 73514

78333 – 75534.76 – 75030.39 – 74529.4 – 73580.85 – 73514 —
77476.270000000 – 77420.080000000 —
57.989930643548 – 57.326611657685 —
– —
78333 – 1776441600

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