BTC/USDT – 4H – SELL

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

A bearish descent downwards to the next support level at 63030 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 74050 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.

Also there is a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative signal. The currency pair is likely to fall.

Also there is a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Also there is a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

74050 – 70096 – 69988.83 – 63030 – 62510.28 – 65631.83 —
73081.080000000 – 71067.580000000 —
63.71030700417 – 50.967000215333 —
– —
74050 – 1772640000

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –