Sell ADA/USDT – 30M – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline down.

A descending movement down to the next support line at 0.865800000 is certain.

Caution: A possible change in the direction of the resistance level at 0.909700000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Additionally a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.964300000
2nd High 0.928400000
Next High 0.909700000
Current Price 0.895600000
Next Low 0.865800000
2nd Low 0.852500000
3rd Low 0.823000000

0.909700000 – 0.898100000 – 0.894800000 – 0.865800000 – 0.872400000 – 0.852500000 — 50.32524921496 – 48.39997052172

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