BTC/USDT – 4H – SELL

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

A continuation of the downtrend downwards to the next support level at is considered certain.

Caution: A possible trend reversal in the direction of resistance at 97924.49 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.

And also a ‘Three Outside Down’ candle pattern is discovered. The candles form ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

97924.49 – 92082.55 – 94789.08 – 94293.46 – 90128.44 – 89311 —
95376.240000000 – 93420.000000000 —
51.682034802573 – 37.931501896586 —
– —
97924.49000 – 1768420800

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Down – Double top retreat up – –