BTC/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support level at 63418.66 is certain.

Caution: A possible change in the direction of the resistance level at 64762.77 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.

Additionally a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Additionally a ‘Two Crows’ candle pattern is discovered. The candles form ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

64762.77 – 64350 – 63840 – 64214 – 63418.66 – 63400 —
64647.500000000 – 64387.930000000 —
59.850076563327 – 45.160349431224 —
– —
64762.77 – 1781386200

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