BTC/USDT – 30M – SELL

The currency pair Bitcoin/Tether (BTC/USDT) moves from the descending trendline downwards

A continuation of the bearish trend down to the next support at 77402.01 is expected.

Caution: A possible change in the direction of the resistance zone at 78581.93 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

There is also a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. which could be a negative signal. The currency pair is likely to fall.

There is also a ‘Bearish Belt Hold’ chart pattern is found. The candles show ‘Bearish Belt Hold’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

78581.93 – 78662.5 – 79472.82 – 77402.01 – 76960 – 77174.01 —
78372.580000000 – 78037.650000000 —
58.431020143323 – 47.349179199147 —
– —
78581.93 – 1776996000

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Belt Hold – – –