BTC/USDT – 30M – SELL

The combination Bitcoin/Tether (BTC/USDT) moves from the descending trendline downwards

A continuation of the downtrend down to the next support line at 117304.460000000 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 119450.000000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘RSI cross above 70’ indicator signal is found. The indicator is ‘RSI cross above 70’. which is often a bearish chart signal. The currency pair is likely to fall.

There is also a ‘Southern Doji’ candlestick chart pattern is found. The candles show ‘Southern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

118220.000000000 – 117750.000000000 – 116782.130000000 – 117304.460000000 – 114908.000000000 – 114723.160000000 — 51.187358538532 – 50.930283708972

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Southern Doji – –