BTC/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support line at 68787.34 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 71554.95 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

And also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

And also a ‘Bearish Belt Hold’ chart pattern is discovered. The chart shows ‘Bearish Belt Hold’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

71554.95 – 71751.33 – 71500 – 68787.34 – 68531.5 – 69718 —
71276.640000000 – 71376.920000000 —
62.891889493797 – 59.92181102173 —
– —
71554.95 – 1770559200

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Belt Hold – – –