BTC/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

The currency pair Bitcoin/Tether (BTC/USDT) moves from the bullish trendline downwards

A bearish movement down to the next support at 116977.590000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 117896.000000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Last Engulfing Top’ candlestick chart pattern is detected. The candles show ‘Last Engulfing Top’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

117896.000000000 – 117286.730000000 – 116009.620000000 – 116977.590000000 – 114720.810000000 – 116160.220000000 — 61.84743088413 – 52.08425916199

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Last Engulfing Top – Rising Wedge Chart Pattern – –