ADA/USDT – 30M – SELL

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

The currency pair Cardano/Tether (ADA/USDT) goes from the ascending trendline down.

A descent downwards to the next support line at is expected.

Caution: A possible change in the direction of the resistance line at 0.964300000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.8731826 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.964300000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Southern Doji’ candle chart pattern is detected. The candles show ‘Southern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.964300000 – 0.945100000 – 1.019300000 – 0.878100000 – 0.885300000 – 0.861600000 — 42.629145002886 – 42.275128363354

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