BTC/USDT – 30M – SELL

The combination Bitcoin/Tether (BTC/USDT) moves from the bearish trendline downwards

A continuation of the downward movement down to the next support level at 115141.800000000 is considered certain.

Caution: A possible change in the direction of the resistance level at 116165.190000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.

There is also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 115127.27 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 116165.190000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Two Crows’ candle chart pattern is existing. The chart shows ‘Two 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 probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

116165.190000000 – 116109.000000000 – 116166.710000000 – 115141.800000000 – 115449.590000000 – 115127.270000000 — 42.099220548376 – 39.594935620794

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two Crows – – –