BTC/USDT – 30M – SELL

Additionally a ‘Double bottom retreat down’ chart formation is detected. The chart picture forms ‘Double bottom retreat down’. which is a negative pattern signal. The currency pair is likely to go down.

The currency pair Bitcoin/Tether (BTC/USDT) goes from the bullish trendline down.

A bearish trend down to the next support line at 113579.690000000 is expected.

Caution: A possible change in the direction of the resistance zone at 116019.300000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘StochRSI fall below 80’ indicator layout is detected. The indicator is ‘StochRSI fall below 80’. which is often a bearish signal. The currency pair is likely to fall.

Additionally a ‘Two Crows’ candle chart pattern is found. The chart forms ‘Two Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

114260.310000000 – 114063.490000000 – 116019.300000000 – 113579.690000000 – 111920.000000000 – 112003.000000000 — 55.427141142007 – 53.56138188212

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two Crows – Double bottom retreat down – –