BTC/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support level at 60000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 76971.52 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Shooting Star’ candle chart pattern is discovered. The chart shows ‘Shooting Star’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).

76971.52 – 79360 – 84621.16 – 60000 – 72945.5 – 77644.09 —
70508.750000000 – 71690.070000000 —
61.33342402958 – 59.611619021748 —
– —
76971.52 – 1770174000

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Shooting Star – – –