BTC/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

The currency pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline down.

A bearish trend down to the next support at 74529.4 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 75534.76 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Outside Down’ candle pattern is existing. The chart forms ‘Three Outside Down’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

75534.76 – 75030.39 – 75425 – 74529.4 – 73580.85 – 73514 —
74731.150000000 – 76370.250000000 —
46.379117276719 – 78.018089529264 —
– —
75534.76 – 1776369600

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –