BTC/USDT – 1H – SELL

In addition a ‘Double bottom retreat down’ chart formation is discovered. The chart picture forms ‘Double bottom retreat down’. which is a negative chart scenario. The pair is likely to go down.

In addition a ‘RSI cross above 70’ indicator signal is discovered. The indicator is ‘RSI cross above 70’. this is usually a bullish chart scenario. The currency pair could go up.

In addition a ‘Bearish Harami’ candlestick pattern is existing. The chart shows ‘Bearish Harami’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

119450.000000000 – 119273.360000000 – 120247.800000000 – 114723.160000000 – 117103.100000000 – 117301.000000000 — 65.106917557945 – 63.088989046705

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Harami – Double bottom retreat down –