ADA/USDT – 1H – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

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

A continuation of the downtrend down to the next support at 0.2473 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.255 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

Moreover a ‘Two Crows’ candle pattern is detected. The chart shows ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.255 – 0.2528 – 0.2515 – 0.2473 – 0.2475 – 0.247 —
0.253200000 – 0.253300000 —
53.548047522803 – 56.025967855426 —
– —
0.255 – 1777867200

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –