BTC/USDT – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.

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

A bearish descent downwards to the next support level at 73580.85 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 75425 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘StochOSC Hidden Bearish Divergence’ indicator signal is detected. The indicator is ‘StochOSC Hidden Bearish Divergence’. signal.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Moreover a ‘Three Outside Down’ candle chart pattern is existing. The candles form ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

75425 – 74506.84 – 74786.72 – 73580.85 – 73514 – 73795.47 —
75159.260000000 – 75045.030000000 —
60.320560869597 – 59.122993264835 —
– —
75425 – 1776292200

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