BTC/USDT – 30M – SELL

The pair Bitcoin/Tether (BTC/USDT) jumps from the bearish trendline down.

A continuation of the downtrend downwards to the next support at 117321.530000000 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 118575.000000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The pair is likely to go down.

Additionally a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

Additionally a ‘Two Crows’ candle chart pattern is existing. The chart forms ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

118575.000000000 – 117825.000000000 – 117898.990000000 – 117321.530000000 – 117172.210000000 – 117143.980000000 — 41.252977073137 – 37.756294487125

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two Crows – – –