BTC/USDT – 30M – SELL

Furthermore a ‘Double bottom retreat down’ chart pattern is found. The chart picture forms ‘Double bottom retreat down’. this is a bearish chart scenario. The currency pair is likely to fall.

The combination Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline down.

A bearish movement down to the next support line at 118207.470000000 will continue.

Caution: A possible counter-trend in the direction of resistance at 119275.460000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘RSI cross above 70’ indicator signal is detected. The indicator shows ‘RSI cross above 70’. which is often a bullish chart signal. The currency pair could go up.

Furthermore a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish 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%.

119275.460000000 – 122335.160000000 – 119113.940000000 – 118207.470000000 – 118050.110000000 – 118074.990000000 — 53.948530250109 – 51.190144211559

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