BTC/USDT – 4H – SELL

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

A continuation of the bearish trend down to the next support at 65618.49 is expected.

Caution: A possible counter-trend in the direction of resistance at 73913.74 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ” indicator signal is detected. The indicator is ”. which could be a negative signal. The currency pair could go down.

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Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.

Additionally a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is expected. Current target is 71580.49992 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of support at 73913.74 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

73913.74 – 71777 – 74050 – 65618.49 – 63030 – 62510.28 —
71253.170000000 – 74330.340000000 —
56.848433530203 – 71.502648271015 —
– —
73913.74 – 1773403200

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