Sell BTC/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to fall.

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

A descending movement down to the next support level at 74821.57 is considered certain.

Caution: A possible change in the direction of resistance at 79472.82 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

And also a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles form ‘Three Outside Down’. 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 success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 84737.69
2nd High 84621.16
Next High 79472.82
Current Price 78178.230000000
Next Low 74821.57
2nd Low 74702
3rd Low 74095.18

79472.82 – 78452.18 – 76927.57 – 74821.57 – 75474.77 – 74702 —
79067.600000000 – 78630.000000000 —
67.289392284744 – 52.588272597625 —
– —
79472.82 – 1776873600

Trading Signals:

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