BTC/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support at 115209.020000000 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 115819.060000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 115209.02 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 115819.060000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Two Crows’ candlestick chart pattern is discovered. The chart shows ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

115819.060000000 – 116121.810000000 – 115985.200000000 – 115209.020000000 – 115329.030000000 – 115441.830000000 — 43.763937561912 – 41.271033077786

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