BTC/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at 73580.85 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 75534.76 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Besides a ‘Southern Doji’ candlestick chart pattern is existing. The chart forms ‘Southern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

75534.76 – 75030.39 – 75425 – 73580.85 – 73514 – 73795.47 —
75286.510000000 – 75108.000000000 —
54.155154371819 – 53.171968619077 —
– —
75534.76 – 1776369600

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Southern Doji – – –