BTC/USDT – 30M – SELL

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

A descending movement down to the next support level at 78084.08 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 79199.48 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Matching Low’ candlestick chart pattern is existing. The candles show ‘Matching Low’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

79199.48 – 78596.61 – 78514.82 – 78084.08 – 78094.43 – 78040 —
78849.220000000 – 78815.190000000 —
61.910698614545 – 63.269563601313 —
– —
79199.48 – 1777757400

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Matching Low – – –