BTC/USDT – 1H – SELL

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

A descending movement downwards to the next support line at 78202 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 80635.51 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘StochOSC Bearish Divergence’ indicator signal is discovered. The indicator is ‘StochOSC Bearish Divergence’. signal.

Additionally a ‘Three Outside Down’ candle chart pattern is existing. The chart shows ‘Three Outside Down’. this is a bearish signal. The 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).

80635.51 – 79199.48 – 78914.12 – 78202 – 78288.88 – 78084.08 —
80895.500000000 – 81689.200000000 —
63.718867147992 – 71.186642818608 —
– —
80635.51 – 1777867200

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