BTC/USDT – 30M – SELL

The currency pair Bitcoin/Tether (BTC/USDT) moves from the bullish trendline down.

The bearish trend downwards to the next support level at will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 123218.000000000 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.

There is also a ‘Two Crows’ candle chart pattern is discovered. The candles form ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

123218.000000000 – 119488.000000000 – 119376.000000000 – 118243.680000000 – 117000.010000000 – 116900.050000000

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