BTC/USDT – 4H – SELL

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 75877.97284 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 82479.32 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Two Crows’ candle chart pattern is detected. The candles form ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. 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).

82479.32 – 82850 – 77904.93 – 79181.48 – 74937.52 – 77140.23 —
80635.440000000 – 78364.650000000 —
42.298902080602 – 37.57168695017 —
– —
82479.32 – 1778443200

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –