Sell BTC/USDT – 1H – SELL

The currency pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support line at is certain.

Caution: A possible change in the direction of resistance at 119450.000000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

And also a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 120998.710000000
2nd High 120247.800000000
Next High 119450.000000000
Current Price 117304.470000000
Next Low
2nd Low
3rd Low

119450.000000000 – 119273.360000000 – 120247.800000000 – 114723.160000000 – 117103.100000000 – 117301.000000000 — 53.357458563216 – 52.668237035568

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