BTC/USDT – 30M – SELL

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

A descent down to the next support line at will continue.

Caution: A possible trend reversal in the direction of the resistance line at 122335.160000000 should always be considered.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.

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

In addition a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. which is a negative 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%.

122335.160000000 – 119113.940000000 – 118741.770000000 – 118074.990000000 – 116359.890000000 – 114259.000000000 — 34.461124824327 – 33.418024240948

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –