BTC/USDT – 30M – SELL

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

A bearish descent downwards to the next support at 114259.000000000 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 118879.140000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘RSI fall below 70’ indicator layout is detected. The indicator is ‘RSI fall below 70’. this is usually a bearish signal. The pair is likely to go down.

Then a ‘StochRSI fall below 80’ indicator layout is detected. The indicator is ‘StochRSI fall below 80’. this is usually a bearish signal. The pair is likely to go down.

Then a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

115716.000000000 – 114417.020000000 – 114228.880000000 – 114259.000000000 – 113579.900000000 – 113355.130000000 — 61.097835140046 – 60.083027313177

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