There is also a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The pair Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline downwards
A bearish descent downwards to the next support at 77226.61 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 78200 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 78599.99 |
| 2nd High | 78485.36 |
| Next High | 78200 |
| Current Price | 77741.590000000 |
| Next Low | 77226.61 |
| 2nd Low | 76891.61 |
| 3rd Low | 76516.74 |
78200 – 77853.04 – 77065.8 – 77226.61 – 76891.61 – 76516.74 —
77358.050000000 – 78000.000000000 —
41.812393035952 – 61.087929196253 —
– —
78200 – 1779350400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Rising Wedge Chart Pattern – –