BTC/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.

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

A bearish movement downwards to the next support at 117825.500000000 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 118438.830000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Then a ‘Two Crows’ chart pattern is detected. The candles form ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

118438.830000000 – 118297.350000000 – 118220.000000000 – 117825.500000000 – 117304.460000000 – 114908.000000000 — 49.235315385818 – 44.848496402923

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two Crows – Rising Wedge Chart Pattern –