BTC/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.

The currency pair Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline down.

A bearish trend down to the next support at will continue.

Caution: A possible change in the direction of the resistance zone at 119800.000000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair could go down.

And also a ‘Three Inside Down’ candle pattern is discovered. The chart forms ‘Three Inside Down’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

119800.000000000 – 119540.010000000 – 118438.830000000 – 117859.980000000 – 117825.500000000 – 117304.460000000 — 45.590966929116 – 40.594673872715

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Inside Down – Rising Wedge Chart Pattern –