BTC/USDT – 1H – SELL

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

A bearish movement down to the next support at 118050.110000000 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 122335.160000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘RSI cross above 70’ indicator layout is discovered. The indicator is ‘RSI cross above 70’. this is usually a bearish signal. The currency pair is likely to fall.

Moreover a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator is ‘StochRSI fall below 80’. this is usually a bearish signal. The currency pair is likely to fall.

122335.160000000 – 117944.050000000 – 115716.000000000 – 118050.110000000 – 116359.890000000 – 114259.000000000 — 55.349022772317 – 50.635634644393

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