BTC/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 81871.37 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 84621.16 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘StochRSI %K falls below 0.8’ indicator layout is existing. The indicator is ‘StochRSI %K falls below 0.8’. which is often a bearish signal. The pair is likely to go down.

There is also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 81118 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support line at 84621.16 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Southern Doji’ candle chart pattern is detected. The candles show ‘Southern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

84621.16 – 84737.69 – 88500 – 81871.37 – 81118 – 83383.33 —
84146.220000000 – 83720.010000000 —
55.712662088004 – 43.5417036846 —
– —
84621.16000 – 1769801400

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Southern Doji – – –