Sell BTC/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support line at 73580.85 will persist.

Caution: A possible change in the direction of the resistance zone at 76240.66 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.

Next a ‘Bearish Engulfing’ chart pattern is existing. The chart forms ‘Bearish Engulfing’. 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 probability of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 79084.29
2nd High 78333
Next High 76240.66
Current Price 73882.070000000
Next Low 73580.85
2nd Low 73514
3rd Low 70566.99

76240.66 – 75891.64 – 78333 – 74867.72 – 75445.16 – 76911 —
74820.790000000 – 74425.160000000 —
31.980261504455 – 24.704517711465 —
– —
76240.66 – 1776603600

Trading Signals:

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