BTC/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

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

A bearish movement down to the next support at will continue.

Caution: A possible trend reversal in the direction of the resistance line at 70096 could occur.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.

There is also a ‘Three Outside Down’ candlestick chart pattern is detected. The chart forms ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

70096 – 68199.99 – 68216.8 – 65259.21 – 65056 – 63030 —
68617.420000000 – 67973.200000000 —
50.022717509464 – 46.957458537492 —
– —
70096 – 1772467200

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