BTC/USDT – 30M – SELL

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

A descending movement down to the next support level at 97276.790000000 is likely expected.

Caution: A possible change in the direction of resistance at 98522.760000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Outside Down’ candlestick pattern is discovered. The candles form ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Download BTC/USDT Signal Image

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