Sell BTC/USDT – 30M – SELL

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

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

A bearish movement downwards to the next support line at 110861.200000000 is expected.

Caution: A possible change in the direction of the resistance zone at 111600.000000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Two Crows’ chart pattern is existing. The candles show ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 113384.620000000
2nd High 111700.000000000
Next High 111600.000000000
Current Price 111052.110000000
Next Low 110861.200000000
2nd Low 109977.000000000
3rd Low 109329.120000000

111600.000000000 – 111412.000000000 – 111377.190000000 – 110861.200000000 – 109977.000000000 – 110206.960000000 — 52.385752603785 – 49.638360958708

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