BTC/USDT – 30M – SELL

The currency pair Bitcoin/Tether (BTC/USDT) jumps from the descending trendline downwards

A continuation of the downtrend down to the next support at 100837.900000000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 103399.620000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Outside Down’ candle chart pattern is existing. The chart forms ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. 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).

103399.620000000 – 103982.640000000 – 106524.650000000 – 100837.900000000 – 102963.670000000 – 102345.000000000

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