BTC/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support line at 112650.000000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 115096.730000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.

And also a ‘StochRSI fall below 80’ indicator layout is found. The indicator is ‘StochRSI fall below 80’. which is often a bearish signal. The pair is likely to go down.

And also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.

And also a ‘Three Outside Down’ chart pattern is detected. The chart forms ‘Three Outside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

115096.730000000 – 115340.000000000 – 115720.000000000 – 112650.000000000 – 114121.000000000 – 114148.580000000 — 51.218038067952 – 49.819307841709

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Down – – –