BTC/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.

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

A descent down to the next support line at 117832.320000000 is expected.

Caution: A possible counter-trend in the direction of resistance at 119450.000000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.

And also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

And also a ‘Matching Low’ candlestick pattern is discovered. The candles show ‘Matching Low’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

119450.000000000 – 118814.470000000 – 119273.360000000 – 117832.320000000 – 117103.100000000 – 117301.000000000 — 46.791219488927 – 46.415882887984

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Matching Low – Rising Wedge Chart Pattern –