BTC/USDT – 1H – SELL

The pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline downwards

A continuation of the bearish trend down to the next support at is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 115875.840000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

There is also a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

115875.840000000 – 116980.000000000 – 118575.000000000 – 112380.000000000 – 112566.010000000 – 114640.140000000 — 50.717455921456 – 49.583502091594

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