Category: Tether (USDT)

Bitcoin Bearish signals (1hr)

Let’s take a look at the hourly chart.

The market rebounded from the resistance at 161.8 Fibonacci.
I see two strong bearish patterns – the rising wedge and the harmonic butterfly pattern .

Also Stochastic RSI and cRSI came out of the overbought zone and began to fall.

Probably this means that the correction for bitcoin is not finished, there was only a …

This article was originally published on: The Tether Blog on