BTC/USDT – 30M – SELL

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

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 67300.485 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 69137.5 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles form ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

69137.5 – 69482.97 – 66814 – 66002.98 – 65118 – 66670.45 —
69041.970000000 – 68894.520000000 —
51.737448312579 – 56.879486435173 —
– —
69137.5 – 1771029000

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –