BTC/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support level at 67294.11 will continue.

Caution: A possible change in the direction of the resistance zone at 70126.67 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Also there is a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘Three Black Crows’. 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 likelyhood of ‘Three Black Crows’ going down is 82%.

70126.67 – 69482.97 – 68410.52 – 67294.11 – 68143.22 – 65118 —
69042.740000000 – 68480.000000000 —
55.413546894002 – 48.742089939954 —
– —
70126.67 – 1771246800

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