Sell BTC/USDT – 30M – SELL

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

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

A bearish movement down to the next support at 113579.690000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 116019.300000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Two Crows’ candlestick chart pattern is detected. The chart shows ‘Two Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 118922.450000000
2nd High 118879.140000000
Next High 116019.300000000
Current Price 114202.460000000
Next Low 113579.690000000
2nd Low 111920.000000000
3rd Low 107429.570000000

114260.310000000 – 114063.490000000 – 116019.300000000 – 113579.690000000 – 111920.000000000 – 112003.000000000 — 61.517409884965 – 57.693489718109

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