BTC/USDT – 1H – SELL

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will continue. Target of the current trend is 66934.50776 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 67130.5 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Inverted Hammer’ candlestick chart pattern is discovered. The candles show ‘Inverted Hammer’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Inverted Hammer’ heading up is 65% (Bull Market).

67130.5 – 67288.94 – 72026.09 – 66281.4 – 65548.25 – 68153 —
66797.010000000 – 66756.510000000 —
46.682898152245 – 52.813164172836 —
– —
67130.5 – 1774753200

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Inverted Hammer – – –