ADA/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

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

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

Caution: A possible change in the direction of resistance at 0.878400000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.85325 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.878400000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Matching Low’ candlestick chart pattern is existing. The candles form ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.878400000 – 0.876400000 – 0.874800000 – 0.853000000 – 0.856900000 – 0.831900000 — 46.888836112724 – 46.665618330053

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –