In addition a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
The currency pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline down.
A descent down to the next support line at 114930.000000000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 116009.620000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair could go down.
In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117429.050000000 |
| 2nd High | 116757.990000000 |
| Next High | 116009.620000000 |
| Current Price | 115004.000000000 |
| Next Low | 114930.000000000 |
| 2nd Low | 114384.000000000 |
| 3rd Low | 113430.000000000 |
116009.620000000 – 115605.070000000 – 116757.990000000 – 114930.000000000 – 114384.000000000 – 114825.000000000 — 41.693734575859 – 36.88228483497
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Rising Wedge Chart Pattern – –