BTC/USDT – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

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

A descending movement downwards to the next support at is likely expected.

Caution: A possible change in the direction of the resistance line at 120247.800000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

120247.800000000 – 117950.000000000 – 119233.710000000 – 117550.000000000 – 116128.000000000 – 116467.020000000

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