BTC/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support at 58337 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 60759.99 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.

Then a ‘StochOSC Hidden Bearish Divergence’ indicator layout is discovered. The indicator shows ‘StochOSC Hidden Bearish Divergence’. this is usually a bearish chart signal. The currency pair is likely to fall.

Then a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

Then a ‘Matching Low’ chart pattern is discovered. The chart forms ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).

60759.99 – 60273.81 – 61962.4 – 58337 – 58115.01 – 60684.94 —
59726.000000000 – 60500.000000000 —
48.072889221268 – 56.040856151329 —
– —
60759.99 – 1782459000

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