BTC/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

The combination Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline down.

A bearish descent down to the next support at 117859.980000000 is considered certain.

Caution: A possible change in the direction of the resistance line at 119540.010000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 118446.85564 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 119540.010000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

119540.010000000 – 118438.830000000 – 118297.350000000 – 117859.980000000 – 117825.500000000 – 117304.460000000 — 65.742637169301 – 63.892464115138

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