Sell BTC/USDT – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

The pair Bitcoin/Tether (BTC/USDT) moves from the ascending trendline downwards

A bearish movement down to the next support line at 115127.270000000 is likely expected.

Caution: A possible change in the direction of the resistance level at 116165.190000000 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 116665.630000000
2nd High 116166.710000000
Next High 116165.190000000
Current Price 115388.210000000
Next Low 115127.270000000
2nd Low 114740.990000000
3rd Low 113430.000000000

116165.190000000 – 116109.000000000 – 116166.710000000 – 115449.590000000 – 115127.270000000 – 115576.260000000 — 43.417225629134 – 40.981426700524

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