BTC/USDT – 30M – SELL

The combination Bitcoin/Tether (BTC/USDT) goes from the descending trendline downwards

A continuation of the bearish trend down to the next support line at 90236 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 92519.95 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

Also there is a ‘Tweezers Top’ candle chart pattern is found. The candles form ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

92519.95 – 91283.89 – 90850 – 90236 – 90404 – 90408.23 — 42.574511761914 – 40.745881183151 — 26.417305669635 – 31.381183510037 – 19.573207355543 – 26.286500792081

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Tweezers Top – – –