BTC/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to fall.

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

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

Caution: A possible counter-trend in the direction of resistance at 115720.000000000 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 113820 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 115720.000000000 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

115720.000000000 – 115000.000000000 – 114260.310000000 – 114121.000000000 – 114148.580000000 – 113579.690000000 — 44.858999897657 – 42.768254235269

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