BTC/USDT – 30M – SELL

The pair Bitcoin/Tether (BTC/USDT) moves from the bearish trendline downwards

A continuation of the downward movement down to the next support level at 65618.49 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 68200 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The pair is likely to go down.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The pair is likely to go down.

Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Furthermore a ‘Three Inside Down’ chart pattern is discovered. The chart shows ‘Three Inside Down’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

67609.08 – 68200 – 68232.27 – 65618.49 – 66761.68 – 66547.15 —
68069.290000000 – 68050.000000000 —
62.333354650241 – 61.672473245527 —
– —
67609.08 – 1773001800

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