BTC/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline downwards

A bearish trend down to the next support level at is likely expected.

Caution: A possible counter-trend in the direction of resistance at 118856.800000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair is likely to fall.

Then a ‘Collapsing Doji Star’ chart pattern is detected. The chart forms ‘Collapsing Doji Star’. 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 ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

118856.800000000 – 118499.900000000 – 118371.420000000 – 117723.230000000 – 117277.340000000 – 117943.250000000

Trading Signals: FOREX – BTC – BTC/USDT – USDT – Collapsing Doji Star – Rising Wedge Chart Pattern