BTC/USDT – 30M – SELL

The combination Bitcoin/Tether (BTC/USDT) goes from the ascending trendline down.

A bearish movement downwards to the next support line at 116359.890000000 is certain.

Caution: A possible change in the direction of the resistance line at 117944.050000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘RSI fall below 70’ indicator signal is discovered. The indicator shows ‘RSI fall below 70’. which could be a negative signal. The currency pair could go down.

In addition a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator shows ‘StochRSI fall below 80’. which could be a negative signal. The currency pair could go down.

In addition a ‘Three Outside Down’ chart pattern is discovered. The chart shows ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

117021.160000000 – 117944.050000000 – 115716.000000000 – 116359.890000000 – 114259.000000000 – 113579.900000000 — 75.525790907324 – 62.023571668854

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –