BTC/USDT – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

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

The bearish trend down to the next support line at is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 117900.000000000 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair could go down.

Also there is a ‘Three Outside Down’ candlestick pattern is found. The candles form ‘Three Outside Down’. which 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 ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

117900.000000000 – 117896.000000000 – 117286.730000000 – 114720.810000000 – 114737.110000000 – 114384.000000000 — 29.991663251241 – 28.516127599715

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –