ADA/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart formation is detected. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.

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

A bearish trend down to the next support line at 0.796400000 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 0.820500000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.

And also a ‘Shooting Star’ candlestick pattern is existing. The candles show ‘Shooting Star’. which 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 ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).

0.820500000 – 0.806900000 – 0.801200000 – 0.796400000 – 0.789800000 – 0.775900000 — 55.260977670594 – 55.140578556363

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Shooting Star – Rising Wedge Chart Pattern – –