BTC/USDT – 30M – SELLAlso there is a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.
The combination Bitcoin/Tether (BTC/USDT) goes from the bullish trendline downwards
A bearish descent downwards to the next support line at 113430.000000000 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 116331.810000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117995.370000000 |
| 2nd High | 117429.050000000 |
| Next High | 116331.810000000 |
| Current Price | 114936.940000000 |
| Next Low | 113430.000000000 |
| 2nd Low | 113155.030000000 |
| 3rd Low | 110917.450000000 |
116331.810000000 – 114715.020000000 – 114459.650000000 – 113430.000000000 – 113155.030000000 – 110917.450000000 — 49.922967163947 – 45.867325323269
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Rising Wedge Chart Pattern – –