BTC/USDT – 4H – SELL

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

A continuation of the downward movement down to the next support at 114720.810000000 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 116665.630000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

Besides a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which 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 ‘Three Black Crows’ going down is 82%.

116665.630000000 – 113384.620000000 – 113485.900000000 – 114720.810000000 – 114384.000000000 – 109977.000000000 — 50.302361110335 – 45.965392380408

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