BTC/USDT – 1H – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.

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

A descent down to the next support level at 114737.110000000 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 117286.730000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.

Additionally a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

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

117286.730000000 – 116757.990000000 – 116165.190000000 – 114737.110000000 – 114384.000000000 – 115127.270000000 — 37.607677873988 – 34.116559119081

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