BTC/USDT – 4H – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

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

A bearish trend downwards to the next support level at 115736.920000000 is expected.

Caution: A possible change in the direction of resistance at 123218.000000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

Moreover a ‘Three Black Crows’ chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

123218.000000000 – 118869.980000000 – 110529.180000000 – 115736.920000000 – 107245.000000000 – 106733.330000000

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