BTC/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support at 74937.52 is certain.

Caution: A possible change in the direction of the resistance line at 76669.140000000 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

Also there is a ‘RSI Hidden Bearish Divergence’ indicator layout is detected. The indicator shows ‘RSI Hidden Bearish Divergence’. which could be a negative chart signal. The currency pair is likely to fall.

Also there is a ‘StochOSC Bearish Divergence’ indicator layout is detected. The indicator shows ‘StochOSC Bearish Divergence’. which could be a negative chart signal. The currency pair is likely to fall.

Also there is a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Also there is a ‘Matching Low’ chart pattern is found. The candles form ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

76669.140000000 – 77904.93 – 79485.66 – 74937.52 – 75666.6 – 76459.64 —
76669.140000000 – 76568.900000000 —
55.048995550499 – 55.967722191625 —
76669.140000000 – 1777555200 —
– 1777555200

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –