BTC/USDT – 30M – SELL

The combination Bitcoin/Tether (BTC/USDT) moves from the bullish trendline down.

A descent down to the next support at 60780 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 63526.01 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Outside Down’ candle chart pattern is discovered. The candles show ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

63526.01 – 64200 – 64234.68 – 60780 – 62423.07 – 62718.3 —
61826.000000000 – 61949.980000000 —
41.18440186503 – 43.093790289086 —
– —
63526.01 – 1780983000

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