BTC/USDT – 1H – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.

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

A continuation of the bearish trend downwards to the next support at is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 70126.67 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair could go down.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair could go down.

70126.67 – 69482.97 – 68410.52 – 67294.11 – 68143.22 – 65118 —
67974.860000000 – 68978.880000000 —
44.061442853946 – 55.604430200122 —
– —
70126.67 – 1771246800

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