BTC/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support at 78464.36 is expected.

Caution: A possible change in the direction of the resistance zone at 84621.16 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

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

Also there is a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

84621.16 – 90600 – 89523.16 – 81871.37 – 81118 – 87704 —
83629.080000000 – 81789.680000000 —
37.987465785607 – 22.452646307444 —
– —
84621.16000 – 1769799600

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