Sell BTC/USDT – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.

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

The bearish trend downwards to the next support at 110766.660000000 will continue.

Caution: A possible change in the direction of the resistance zone at 113293.290000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The pair is likely to go down.

Moreover a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 113485.900000000
2nd High 113384.620000000
Next High 113293.290000000
Current Price 111299.610000000
Next Low 110766.660000000
2nd Low 110621.780000000
3rd Low 109977.000000000

113293.290000000 – 112924.370000000 – 111600.000000000 – 110766.660000000 – 111111.000000000 – 110621.780000000 — 43.965745371738 – 42.04388086261

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