BTC/USDT – 30M – SELL

The pair Bitcoin/Tether (BTC/USDT) moves from the bearish trendline down.

A continuation of the downward movement down to the next support level at is expected.

Caution: A possible trend reversal in the direction of resistance at 118297.350000000 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.

Moreover a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. 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 Black Crows’ going down is 82%.

118297.350000000 – 118220.000000000 – 117750.000000000 – 117825.500000000 – 117304.460000000 – 114908.000000000 — 42.329225625328 – 39.501732941433

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