BTC/USDT – 1H – SELL

The currency pair Bitcoin/Tether (BTC/USDT) moves from the ascending trendline downwards

The bearish trend down to the next support line at 63678.83 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 74198 could happen.
Consider stop-loss settings accordingly.

In addition a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

64762.77 – 64394.44 – 63933.02 – 63678.83 – 62829.81 – 62348 —
65973.150000000 – 67158.000000000 —
66.764815794486 – 67.93030090787 —
– —
64762.77 – 1781384400

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –