BTC/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support at 114723.160000000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 118922.450000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘RSI fall below 30’ indicator signal is discovered. The indicator is ‘RSI fall below 30’. which could be a negative chart scenario. The currency pair is likely to fall.

Besides a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Besides a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading 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 –