BTC/USDT – 1H – SELL

The combination Bitcoin/Tether (BTC/USDT) goes from the bullish trendline downwards

The bearish trend down to the next support line at 76459.64 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 79485.66 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair could go down.

Then a ‘Bearish Belt Hold’ chart pattern is discovered. The chart forms ‘Bearish Belt Hold’. this is a bearish pattern 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 ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

79485.66 – 78210 – 77885.35 – 76459.64 – 77140.23 – 77264.08 —
77227.030000000 – 76863.540000000 —
39.259590048349 – 36.253551614978 —
– —
79485.66 – 1777251600

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