BTC/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

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

A bearish trend downwards to the next support line at will continue.

Caution: A possible change in the direction of the resistance zone at 94150 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.

Then a ‘%K crosses below %D’ indicator signal is found. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The pair is likely to go down.

Then a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

94150 – 93958.58 – 92000.01 – 90889 – 91697 – 83822.76 — 45.396127336043 – 34.97344678597 — 64.740446211619 – 39.602385685885 – 50.75984448553 – 52.308371990281

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