BTC/USDT – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.

The combination Bitcoin/Tether (BTC/USDT) goes from the bullish trendline down.

The bearish trend down to the next support line at 69205.91 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 71321 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Moreover a ‘Shooting Star’ candle pattern is detected. The candles form ‘Shooting Star’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).

71321 – 70281.87 – 71777 – 69205.91 – 68977.91 – 69452.42 —
70400.000000000 – 70534.650000000 —
53.209511317453 – 51.914229479197 —
– —
71321 – 1773250200

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Shooting Star – Rising Wedge Chart Pattern – –