BTC/USDT – 30M – SELLBesides a ‘Rising Wedge Chart Pattern’ chart layout is existing. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline downwards
A bearish movement downwards to the next support level at 60104 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 62200 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 65622.83 |
| 2nd High | 63239.06 |
| Next High | 62200 |
| Current Price | 61402.000000000 |
| Next Low | 60104 |
| 2nd Low | 59588 |
| 3rd Low | 58326 |
62200 – 61121.78 – 61334 – 60104 – 59588 – 58326 —
61827.900000000 – 61763.810000000 —
64.809697744837 – 56.384052260102 —
– —
62200 – 1783000800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –