BTC/USDT – 1H – SELL

The pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline downwards

A bearish movement down to the next support level at 63678.83 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 64762.77 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Southern Doji’ chart pattern is existing. The candles form ‘Southern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

64762.77 – 64394.44 – 63933.02 – 63678.83 – 62829.81 – 62348 —
65800.000000000 – 65967.270000000 —
75.793532770032 – 67.489072761631 —
– —
64762.77 – 1781384400

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Southern Doji – – –