BTC/USDT – 1H – SELL

The combination Bitcoin/Tether (BTC/USDT) moves from the bearish trendline down.

A continuation of the downtrend down to the next support level at 73724.31 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 76558.62 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

76558.62 – 76240.66 – 78333 – 73724.31 – 74867.72 – 73309.85 —
75981.100000000 – 76528.110000000 —
53.829236187833 – 51.941343084916 —
– —
76558.62 – 1776715200

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –