Sell BTC/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support at 65118 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 68410.52 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Southern Doji’ candle chart pattern is detected. The chart shows ‘Southern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 69292.88
2nd High 68834.34
Next High 68410.52
Current Price 66324.940000000
Next Low 65118
2nd Low 60000
3rd Low

68410.52 – 68369.77 – 68834.34 – 65118 – 66670.45 – 66787.7 —
66144.260000000 – 66671.620000000 —
42.961188964862 – 50.643393002369 —
– —
68410.52 – 1770904800

Trading Signals:

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