BTC/USDT – 1H – SELL

The combination Bitcoin/Tether (BTC/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support at 66280.2 is certain.

Caution: A possible change in the direction of the resistance zone at 68233.99 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Also there is a ‘Last Engulfing Top’ candlestick pattern is discovered. The chart shows ‘Last Engulfing Top’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

68233.99 – 68318.39 – 67320 – 66280.2 – 65631.83 – 65870 —
68099.540000000 – 68314.540000000 —
57.09388313089 – 59.105658323842 —
– —
68233.99 – 1771628400

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Last Engulfing Top – – –