BTC/USDT – 30M – SELL

There is also a ‘Double top chart pattern’ chart layout is existing. The chart shows ‘Double top chart pattern’. this is a bearish chart scenario. The pair is likely to go down.

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

The bearish trend down to the next support line at 116604.870000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 118200.000000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

118200.000000000 – 118869.980000000 – 108525.000000000 – 117141.130000000 – 116604.870000000 – 107429.570000000

Trading Signals: FOREX – BTC – BTC/USDT – USDT – Three Black Crows – Double top chart pattern