BTC/USDT – 4H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

The currency pair Bitcoin/Tether (BTC/USDT) moves from the bearish trendline down.

A continuation of the downward movement downwards to the next support line at 114720.810000000 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 117429.050000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘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 likelyhood of ‘Three Black Crows’ going down is 82%.

116665.630000000 – 113384.620000000 – 113485.900000000 – 114720.810000000 – 114384.000000000 – 109977.000000000 — 45.545526907483 – 41.804488416936

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