BTC/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 110206.960000000 will continue.

Caution: A possible counter-trend in the direction of resistance at 111307.700000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Next a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

111307.700000000 – 111700.000000000 – 113384.620000000 – 110206.960000000 – 109329.120000000 – 110279.680000000 — 34.089850898483 – 30.520565597271

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