ADA/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The pair Cardano/Tether (ADA/USDT) goes from the ascending trendline downwards

A bearish trend down to the next support line at 0.774700000 is expected.

Caution: A possible counter-trend in the direction of resistance at 0.855900000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

There is also a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.855900000 – 0.839400000 – 0.838700000 – 0.814100000 – 0.774700000 – 0.837000000 — 28.190382080172 – 27.258771786103

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern –