BTC/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support line at 109977.000000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 111377.190000000 should be noted.
Consider stop-loss settings accordingly.

Besides a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Besides a ‘Three Outside Down’ candlestick pattern is found. The chart forms ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

111377.190000000 – 110999.830000000 – 111307.700000000 – 109977.000000000 – 110206.960000000 – 109329.120000000 — 59.357397921596 – 58.635823986889

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Down – – –