BTC/USDT – 1H – SELL

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

A descending movement down to the next support at 78202 will continue.

Caution: A possible change in the direction of the resistance zone at 84621.16 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair could go down.

Moreover a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair could go down.

Moreover a ‘Tweezers Top’ candlestick pattern is detected. The chart forms ‘Tweezers Top’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

80635.51 – 79199.48 – 78914.12 – 78202 – 78288.88 – 78084.08 —
81329.610000000 – 81680.000000000 —
68.040502576336 – 68.859599118007 —
– —
80635.51 – 1777867200

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Tweezers Top – – –