BTC/USDT – 1H – SELL

The combination Bitcoin/Tether (BTC/USDT) jumps from the descending trendline down.

A continuation of the downtrend down to the next support level at is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 119800.000000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘RSI fall below 30’ indicator signal is detected. The indicator shows ‘RSI fall below 30’. which is often a bearish chart scenario. The currency pair is likely to fall.

119800.000000000 – 119450.000000000 – 119273.360000000 – 114723.160000000 – 117103.100000000 – 117301.000000000 — 42.023522854861 – 38.744907076847

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Double top chart pattern –