BTC/USDT – 1H – SELL

There is also a ‘Double top chart pattern’ chart layout is detected. The chart picture forms ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

A continuation of the bearish trend downwards to the next support level at 112380.000000000 is expected.

Caution: A possible change in the direction of the resistance line at 114615.380000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

114615.380000000 – 115875.840000000 – 116980.000000000 – 112380.000000000 – 112566.010000000 – 114640.140000000 — 36.257956687836 – 32.042431362813

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Double top chart pattern – –