ADA/USDT – 30M – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The formation shows ‘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 ascending trendline down.

A bearish trend down to the next support line at 0.4035 is expected.

Caution: A possible change in the direction of the resistance level at 0.4293 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.4293 – 0.428 – 0.4747 – 0.4035 – 0.4093 – 0.4583 — 44.295993359176 – 41.384051479333 — 75.796481217309 – 53.399904897765 – 82.158488928167 – 69.290926188604

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