BTC/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 66300.04612 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 69241.5 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Matching Low’ candlestick chart pattern is discovered. The candles show ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

69241.5 – 70126.67 – 69482.97 – 67294.11 – 68143.22 – 65118 —
68337.600000000 – 67926.290000000 —
31.866630560978 – 45.975618772048 —
– —
69241.5 – 1771293600

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –