BTC/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

The currency pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline down.

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

Caution: A possible reversal of the trend in the direction of the resistance line at 119800.000000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.

Next a ‘Two Crows’ chart pattern is detected. The chart shows ‘Two Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

119800.000000000 – 119540.010000000 – 118438.830000000 – 117859.980000000 – 117825.500000000 – 117304.460000000 — 41.421654490135 – 37.370134104975

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