BTC/USDT – 30M – SELL

The pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline down.

A continuation of the downward movement down to the next support level at is certain.

Caution: A possible change in the direction of the resistance zone at 115340.000000000 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘RSI fall below 30’ indicator layout is detected. The indicator is ‘RSI fall below 30’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Bearish Belt Hold’ candle pattern is discovered. The candles show ‘Bearish Belt Hold’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

115340.000000000 – 115720.000000000 – 115000.000000000 – 114121.000000000 – 114148.580000000 – 113579.690000000 — 46.767092513169 – 32.696016429836

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Belt Hold – – –