BTC/USDT – 30M – SELL

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

A bearish movement down to the next support at 119202.000000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 123218.000000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Outside Down’ candle pattern is existing. The chart forms ‘Three Outside Down’. this 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 likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

123218.000000000 – 119488.000000000 – 119376.000000000 – 119202.000000000 – 118243.680000000 – 117000.010000000

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