BTC/USDT – 30M – SELLFurthermore a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.
The pair Bitcoin/Tether (BTC/USDT) moves from the bullish trendline downwards
A descending movement down to the next support level at 92155 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 93388 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 94150 |
| 2nd High | 93621.31 |
| Next High | 93388 |
| Current Price | 92784.520000000 |
| Next Low | 92155 |
| 2nd Low | 90863.47 |
| 3rd Low | 88459.96 |
93388 – 89120.01 – 88088.1 – 92155 – 90863.47 – 88459.96 — 57.99900591092 – 55.516818066224 — 59.259860412271 – 28.851511216695 – 73.747046835831 – 53.425895540374
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –