BTC/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish trend downwards to the next support line at 110206.960000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 113384.620000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Last Engulfing Bottom:’ candle chart pattern is discovered. The candles form ‘Last Engulfing Bottom:’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Bottom:’ going down is 65% (Bull Market) & 67% (Bear Market).

113384.620000000 – 112575.270000000 – 111782.210000000 – 110206.960000000 – 109329.120000000 – 110528.710000000 — 39.224076216479 – 36.601538471471

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