BTC/USDT – 30M – SELL

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

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

The bearish trend down to the next support at 111111.000000000 will persist.

Caution: A possible counter-trend in the direction of resistance at 113293.290000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair could go down.

And also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 110686.68606 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support zone at 113293.290000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

113293.290000000 – 112924.370000000 – 111600.000000000 – 111111.000000000 – 110621.780000000 – 110861.200000000 — 31.255267018421 – 27.216147606679

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