BTC/USDT – 30M – SELLMoreover a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The currency pair Bitcoin/Tether (BTC/USDT) moves from the ascending trendline downwards
A descending movement downwards to the next support at 113430.000000000 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 116331.810000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117995.370000000 |
| 2nd High | 117429.050000000 |
| Next High | 116331.810000000 |
| Current Price | 114936.940000000 |
| Next Low | 113430.000000000 |
| 2nd Low | 113155.030000000 |
| 3rd Low | 110917.450000000 |
116331.810000000 – 114715.020000000 – 114459.650000000 – 113430.000000000 – 113155.030000000 – 110917.450000000 — 49.922967163947 – 45.867325323269
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Rising Wedge Chart Pattern – –