BTC/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 70431.1224 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 73913.74 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Outside Down’ chart pattern is detected. The chart shows ‘Three Outside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

70941.17 – 71307.92 – 73913.74 – 70500 – 70317 – 70481.7 —
71035.100000000 – 71800.680000000 —
55.764235078838 – 69.92899797963 —
– —
70941.17 – 1773496800

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