BTC/USDT – 30M – SELL

The currency pair Bitcoin/Tether (BTC/USDT) moves from the ascending trendline downwards

The bearish trend downwards to the next support level at 71757.17 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 74050 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Outside Down’ candle pattern is existing. The chart shows ‘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 likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

74050 – 68909.34 – 68999 – 71757.17 – 72313.04 – 67400 —
72775.200000000 – 73063.380000000 —
54.115802167225 – 53.984034279653 —
– —
74050 – 1772650800

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Down – – –