BTC/USDT – 30M – SELLAdditionally a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.
The pair Bitcoin/Tether (BTC/USDT) moves from the ascending trendline downwards
A descending movement down to the next support at will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 118856.800000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.
Additionally a ‘Collapsing Doji Star’ candle pattern is detected. The candles form ‘Collapsing Doji Star’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120998.710000000 |
| 2nd High | 120820.710000000 |
| Next High | 118856.800000000 |
| Current Price | 117266.000000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
118856.800000000 – 118499.900000000 – 118371.420000000 – 117723.230000000 – 117277.340000000 – 117943.250000000
Trading Signals: FOREX – BTC – BTC/USDT – USDT – Collapsing Doji Star – Rising Wedge Chart Pattern