ADA/USDT – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart formation is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

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

A bearish descent down to the next support at 0.844100000 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 0.879900000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Also there is a ‘Tweezers Top’ candlestick pattern is found. The candles form ‘Tweezers Top’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 – –