BTC/USDT – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.

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

A bearish descent downwards to the next support level at 77140.23 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 79472.82 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Matching Low’ candlestick pattern is existing. The candles form ‘Matching Low’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).

78210 – 77885.35 – 78479.37 – 77140.23 – 77264.08 – 76960 —
78961.000000000 – 79160.000000000 —
65.317790329724 – 64.088487129726 —
– —
78210 – 1777190400

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –