BTC/USDT – 1H – SELL

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

A descent down to the next support level at 62829.81 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 64762.77 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Furthermore a ‘Two Crows’ candlestick pattern is detected. The candles form ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

64762.77 – 64394.44 – 63933.02 – 62829.81 – 62348 – 60755 —
64563.480000000 – 64641.900000000 —
56.413164816795 – 60.68780600481 —
– —
64762.77 – 1781384400

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –