ADA/USDT – 1H – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

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

A bearish descent downwards to the next support line at 0.774700000 is certain.

Caution: A possible change in the direction of the resistance level at 0.855900000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘RSI fall below 30’ indicator layout is detected. The indicator is ‘RSI fall below 30’. which is often a bearish signal. The pair is likely to go down.

Moreover a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

Moreover a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.855900000 – 0.839400000 – 0.838700000 – 0.814100000 – 0.774700000 – 0.837000000 — 30.376695606249 – 26.590643652897

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