BTC/USDT – 30M – SELL

The combination Bitcoin/Tether (BTC/USDT) goes from the descending trendline downwards

A continuation of the downtrend downwards to the next support at 112380.000000000 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 114615.380000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Bearish Engulfing’ chart pattern is found. The chart forms ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.

114615.380000000 – 114016.770000000 – 115875.840000000 – 112380.000000000 – 112566.010000000 – 114366.000000000 — 52.955423936637 – 48.868788660762

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Engulfing – – –