BTC/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support line at 115796.230000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 118922.450000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Also there is a ‘Collapsing Doji Star’ candle pattern is detected. The candles form ‘Collapsing Doji Star’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ going down is 63% (Bull Market).

118922.450000000 – 118792.000000000 – 118481.810000000 – 115796.230000000 – 117358.840000000 – 116950.750000000 — 54.553375500808 – 42.297803045013

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Collapsing Doji Star – –