BTC/USDT – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.

The pair Bitcoin/Tether (BTC/USDT) moves from the ascending trendline down.

A bearish descent down to the next support line at 114930.000000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 116009.620000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore 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.

Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

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 – –