Category: Tether (USDT)

BTC Fall again… Symmetrical Wedge (Downtrend)

A Symmetrical Wedge has fully formed on the current downtrend. This is an indicator of a continuation of the current trend.

MACD – Notice how even though the price is rising, the 3 peaks on the MACD are actually descending.
I have been studying the MACD patterns specific to Bitcoin, and have noticed this trend to be followed by a drop in price.

This could be a …

This article was originally published on: The Tether Blog on