BTC/USDT – 30M – SELL

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

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

Caution: A possible counter-trend in the direction of the resistance line at 71978.58 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ” indicator signal is detected. The indicator shows ”. which could be a negative chart scenario. The pair is likely to go down.

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Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.

Moreover a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

Moreover a ‘Two Crows’ candlestick pattern is discovered. The candles form ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

71978.58 – 76971.52 – 79084.29 – 70140 – 72945.5 – 77644.09 —
71726.790000000 – 70312.620000000 —
40.705347020726 – 41.580088198023 —
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71978.58 – 1770282000

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