BTC/USDT – 4H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

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

The bearish trend downwards to the next support line at 73724.31 is certain.

Caution: A possible change in the direction of resistance at 79472.82 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.

Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Then a ‘Three Outside Down’ candlestick chart pattern is detected. The chart shows ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

79472.82 – 78333 – 76038 – 77140.23 – 73724.31 – 73309.85 —
78500.000000000 – 77450.000000000 —
57.486781933445 – 47.881590462807 —
– —
79472.82 – 1776873600

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