BTC/USDT – 30M – SELL

The combination Bitcoin/Tether (BTC/USDT) moves from the descending trendline downwards

A continuation of the bearish trend down to the next support at 62408 will persist.

Caution: A possible counter-trend in the direction of resistance at 64234.68 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then 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 currency pair could go down.

Then a ‘Bearish Belt Hold’ chart pattern is existing. The chart forms ‘Bearish Belt Hold’. which is a negative 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 ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

64234.68 – 64494.92 – 67516 – 62408 – 60461.88 – 61126.01 —
63670.000000000 – 64077.570000000 —
60.154818871771 – 60.846403061769 —
– —
64234.68 – 1780869600

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Belt Hold – – –