BTC/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

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

A descending movement downwards to the next support line at is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 119800.000000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.

Next a ‘Two Crows’ candlestick chart pattern is detected. The candles show ‘Two Crows’. 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 success rate of a ‘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 –