There is also a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.
The pair Bitcoin/Tether (BTC/USDT) goes from the bullish trendline downwards
A descending movement downwards to the next support at 63900.17 will persist.
Caution: A possible counter-trend in the direction of resistance at 64588 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.
There is also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 66992 |
| 2nd High | 66445.93 |
| Next High | 64588 |
| Current Price | 63974.010000000 |
| Next Low | 63900.17 |
| 2nd Low | 63184.21 |
| 3rd Low | 62316.44 |
64588 – 64388 – 66445.93 – 63900.17 – 63184.21 – 62316.44 —
64240.000000000 – 64823.520000000 —
54.774750929424 – 61.224169073702 —
– —
64588 – 1782014400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Rising Wedge Chart Pattern – –