BTC/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support at 75474.77 is likely expected.

Caution: A possible change in the direction of resistance at 76927.57 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

Besides a ‘Bearish Engulfing’ candle chart pattern is found. The candles show ‘Bearish Engulfing’. which is a negative 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%.

76927.57 – 76558.62 – 76240.66 – 75474.77 – 74702 – 74095.18 —
76574.000000000 – 76179.750000000 —
62.616411259936 – 44.837390713476 —
– —
76927.57 – 1776760200

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