BTC/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support line at 110279.680000000 is likely expected.

Caution: A possible change in the direction of the resistance line at 112575.270000000 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

And also a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. 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 likelyhood of ‘Three Black Crows’ going down is 82%.

112575.270000000 – 111782.210000000 – 111771.520000000 – 110279.680000000 – 110528.710000000 – 108393.390000000 — 27.854412911896 – 26.614005321034

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