BTC/USDT – 30M – SELLNext a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The currency pair Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline downwards
The bearish trend downwards to the next support at 110766.660000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 113293.290000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair could go down.
Next a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative chart 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
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Rising Wedge Chart Pattern – –