BTC/USDT – 30M – SELL

The combination Bitcoin/Tether (BTC/USDT) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support line at 67400 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 73558.15 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.

And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

And also a ‘Three Outside Down’ candlestick chart pattern is existing. The candles show ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. 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).

73558.15 – 74050 – 68909.34 – 70143.19 – 70645.47 – 71757.17 —
70628.780000000 – 70227.470000000 —
42.784015269932 – 37.925652449441 —
– —
73558.15 – 1772706600

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