BTC/USDT – 30M – SELL

The currency pair Bitcoin/Tether (BTC/USDT) moves from the bullish trendline down.

A bearish movement downwards to the next support level at 75474.77 will persist.

Caution: A possible change in the direction of the resistance level at 76558.62 should be noted.
Consider stop-loss settings accordingly.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Furthermore a ‘Bearish Engulfing’ candle pattern is discovered. The chart forms ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.

76558.62 – 76240.66 – 75891.64 – 75474.77 – 74702 – 74095.18 —
75823.490000000 – 76370.000000000 —
51.726997389667 – 62.5055058025 —
– —
76558.62 – 1776715200

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