BTC/USDT – 1H – SELL

The combination Bitcoin/Tether (BTC/USDT) moves from the ascending trendline down.

A descent downwards to the next support level at 66281.4 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 67130.5 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Outside Down’ candle pattern is detected. The chart shows ‘Three Outside Down’. 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 success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

67130.5 – 67288.94 – 72026.09 – 66281.4 – 65548.25 – 68153 —
66752.610000000 – 66797.010000000 —
48.466390742909 – 46.682897237666 —
– —
67130.5 – 1774753200

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