BTC/USDT – 1H – SELL

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 68697.745 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 70800 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Bearish Harami’ candle chart pattern is discovered. The chart shows ‘Bearish Harami’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

70800 – 71321 – 71777 – 69205.91 – 68977.91 – 69266.06 —
70534.650000000 – 70555.200000000 —
49.249022211892 – 51.317490842602 —
– —
70800 – 1773313200

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Harami – – –