BTC/USDT – 30M – SELL

Also there is a ‘Double top chart pattern’ chart pattern is existing. The chart shows ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.

Also there is a ‘Bearish Engulfing’ candle chart pattern is detected. The candles form ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.

118499.900000000 – 118371.420000000 – 120820.710000000 – 117277.340000000 – 117943.250000000 – 116812.760000000

Trading Signals: FOREX – BTC – BTC/USDT – USDT – Bearish Engulfing – Double top chart pattern