BTC/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support level at 114723.160000000 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 118922.450000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘RSI fall below 30’ indicator layout is found. The indicator shows ‘RSI fall below 30’. which is often a bearish signal. The pair is likely to go down.

And also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.

And also a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a bearish signal. The 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%.

118922.450000000 – 118792.000000000 – 119273.360000000 – 115796.230000000 – 116950.750000000 – 117427.500000000 — 25.098344338096 – 21.872558886353

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Double top chart pattern –