BTC/USDT – 1H – SELL

And also a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

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

A bearish trend down to the next support level at 117301.000000000 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 120247.800000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘RSI fall below 30’ indicator layout is detected. The indicator is ‘RSI fall below 30’. which could be a negative chart signal. The currency pair is likely to fall.

And also a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

120247.800000000 – 119676.730000000 – 118856.800000000 – 117301.000000000 – 116128.000000000 – 116467.020000000

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –