BTC/USDT – 1H – SELL

The combination Bitcoin/Tether (BTC/USDT) goes from the bearish trendline down.

A continuation of the downward movement down to the next support level at 117453.570000000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 120998.710000000 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

And also a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

120998.710000000 – 120063.840000000 – 118490.710000000 – 117453.570000000 – 115736.920000000 – 116900.050000000

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