BTC/USDT – 30M – SELL

The currency pair Bitcoin/Tether (BTC/USDT) jumps from the descending trendline down.

A continuation of the downward movement downwards to the next support at 80135 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 81080 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

In addition a ‘Three Outside Down’ candle chart pattern is existing. The candles form ‘Three Outside Down’. which is a negative 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 Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

81080 – 80666.66 – 80371.23 – 80135 – 79181.48 – 79500 —
80770.320000000 – 80806.170000000 —
51.578111645418 – 57.283864248244 —
– —
81080 – 1778351400

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