BTC/USDT – 30M – SELLBesides a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.
The combination Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline down.
A bearish trend downwards to the next support level at is certain.
Caution: A possible change in the direction of the resistance zone at 113485.900000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.
Besides a ‘Matching Low’ candlestick chart pattern is discovered. The chart shows ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 115666.680000000 |
| 2nd High | 114917.100000000 |
| Next High | 113485.900000000 |
| Current Price | 111486.000000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
113485.900000000 – 113360.000000000 – 112625.000000000 – 110862.420000000 – 110345.420000000 – 109393.930000000 — 36.166390078717 – 35.38445026299
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –