ADA/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart formation is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

The pair Cardano/Tether (ADA/USDT) goes from the bullish trendline downwards

A bearish trend downwards to the next support line at 0.844100000 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 0.879900000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.

Then a ‘Tweezers Top’ chart pattern is found. The candles show ‘Tweezers Top’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

0.879900000 – 0.878400000 – 0.964300000 – 0.844100000 – 0.853000000 – 0.826700000 — 47.159505131673 – 44.168603858937

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Tweezers Top – Rising Wedge Chart Pattern – –