BTC/USDT – 1H – SELL

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 65548.25 at the Fibonacci level 1-Level. Caution: A possible change in the direction of support at 72026.09 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Two Crows’ candlestick chart pattern is detected. The candles show ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

72026.09 – 71400 – 71734.81 – 65548.25 – 68153 – 70530.47 —
66570.090000000 – 67288.940000000 —
41.974682499212 – 57.417755490351 —
– —
72026.09 – 1774436400

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