BTC/USDT – 30M – SELL

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 75719.9 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 79424 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Outside Down’ candle chart pattern is discovered. The candles show ‘Three Outside Down’. this is a bearish 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).

79424 – 84621.16 – 84737.69 – 75719.9 – 82560.75 – 81871.37 —
79060.440000000 – 78824.100000000 —
42.592586401845 – 41.451363633111 —
– —
79424.00000 – 1769904000

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