BTC/USDT – 4H – SELL

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

A continuation of the bearish trend down to the next support line at 60000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 72271.410000000 could occur.
Consider stop-loss settings accordingly.

And also a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

72271.410000000 – 90600 – 91224.99 – 60000 – 74604 – 87035.51 —
72271.410000000 – 70527.590000000 —
46.744317479135 – 45.098878427314 —
72271.410000000 – 1770580800 —
– 1770580800

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