BTC/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support at 63270.000000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 64483.95 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘Three Outside Down’ chart pattern is found. The chart forms ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

64483.95 – 64588 – 64388 – 63270.000000000 – 63900.17 – 63184.21 —
63660.000000000 – 64459.440000000 —
28.032470109752 – 54.263701491474 —
63270.000000000 – 1782084600 —
64483.95 – 1782039600

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Down – – –