BTC/USDT – 4H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

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

A bearish trend downwards to the next support line at 115736.920000000 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 123218.000000000 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Also there is a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

123218.000000000 – 118869.980000000 – 110529.180000000 – 115736.920000000 – 107245.000000000 – 106733.330000000

Trading Signals: FOREX – BTC – BTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern