BTC/USDT – 30M – SELL

The currency pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline down.

A continuation of the downward movement down to the next support level at 79500 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 80371.230000000 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.

Then a ‘Three Line Strike – Bearish’ candle chart pattern is existing. The candles show ‘Three Line Strike – Bearish’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).

80371.230000000 – 81708.32 – 82850 – 79500 – 80725.09 – 81136 —
80371.230000000 – 80068.030000000 —
43.607213700419 – 43.781538740575 —
80371.230000000 – 1778184000 —
– 1778184000

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Line Strike – Bearish – – –