BTC/USDT – 30M – SELL

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

A bearish trend downwards to the next support at 117550.000000000 is expected.

Caution: A possible change in the direction of the resistance level at 120820.710000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

In addition a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

117950.000000000 – 119233.710000000 – 119676.730000000 – 117550.000000000 – 116128.000000000 – 116467.020000000

Trading Signals: FOREX – BTC – BTC/USDT – USDT – Three Black Crows –