Sell BTC/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support at 66124.4 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 67288.94 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair could go down.

Then a ‘Tweezers Top’ chart pattern is found. The chart shows ‘Tweezers Top’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 72026.09
2nd High 71594.11
Next High 67288.94
Current Price 66906.000000000
Next Low 66124.4
2nd Low 65548.25
3rd Low 65259.21

67288.94 – 66573.61 – 66520.46 – 66124.4 – 65548.25 – 68153 —
67096.770000000 – 66916.530000000 —
70.326393839487 – 60.02245062069 —
– —
67288.94 – 1774710000

Trading Signals:

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