Next a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.
The currency pair Bitcoin/Tether (BTC/USDT) goes from the bullish trendline down.
A bearish descent down to the next support level at 80731.14 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 81791.48 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair is likely to rise.
Next a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
Next a ‘Two Crows’ candle pattern is detected. The chart forms ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 90600 |
| 2nd High | 84621.16 |
| Next High | 81791.48 |
| Current Price | 81452.630000000 |
| Next Low | 80731.14 |
| 2nd Low | 78202 |
| 3rd Low | 78084.08 |
81791.48 – 80635.51 – 79199.48 – 80731.14 – 78202 – 78288.88 —
81986.000000000 – 81823.000000000 —
64.950942273344 – 53.719341044922 —
– —
81791.48 – 1778014800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –